"There were more support rolled out to tap on national competitive advantages," state Maybank economists Chua Hak Bin and Brian Lee Shun Rong in their Feb 17 note.
The Budget 2024 announced by Deputy Prime Minister Lawrence Wong on Friday has a more discernible "investment tilt" to spur on investments in green transition, human capital, critical infrastructure and high-quality foreign investments.
In contrast, the preceding edition was focused more on supporting lower-income households and wealth redistribution.
