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fiscal deficit
Budget 2022
Singapore expected to run fiscal deficit of $5 billion in FY2021; deficit to continue for third year in FY2022
Singapore’s fiscal deficit for the ongoing FY2021 ending in March is expected to hit $5 billion or 0.9% of Gross Domestic Product
February 18, 2022
‘Good progress’ on Indonesia tax amnesty, but expenditure still an issue: Nomura
SINGAPORE (Sept 19): Nomura is maintaining its 2016 fiscal deficit forecast for Indonesia at 2.9% of GDP despite noting “good progress” of the nation’s recent tax amnesty deal.
September 19, 2016