Budget 2022

With inflationary pressure, GST hike will bite but balance will be struck - THE EDGE SINGAPORE

Budget 2022

With inflationary pressure, GST hike will bite but balance will be struck

Things are already so expensive, I am scared that they will become more expensive over time, especially when GST goes up: retiree
A Budget to rebuild and restore the economy  - THE EDGE SINGAPORE

Budget 2022

A Budget to rebuild and restore the economy

Singapore’s economy is on a firmer footing two years into the pandemic, but challenges remain

Singapore economy

Bank of America estimates Singapore's 2022 GDP to grow 5.2%; country to punt on wealth taxes this year

Singapore's budget, to be released Feb 18, will be closely watched for details on bolstering government revenues, says BofA.

Singapore economy

Singapore’s GDP to grow by 3-5% in 2022; govt to progressively phase out emergency support measures: PM Lee

In his speech, Lee also announced that the government will proceed with the increase in Singapore's GST as planned in 2022.

Singapore economy

PM Lee signals new GST hike details to come in Budget 2022

“Now that our economy is emerging from Covid-19, we have to start moving on this.”
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