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Parliament has approved the 2007 budget for the government. Programmes to be implemented with the funds allocated include a new programme to help Professionals, Managers, Executives and Technicians (PMETs) start new careers in growth sectors and a review to the Civil Service schemes. Debates since March 2nd to justify and clarify the estimates for various government ministries kept to the spirit of the Budget outlined in February by second Finance Minister Tharman Shanmugaratnam.

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A woman making a donation   Views sought on government efforts to promote philanthropy
Updated: Tue, 17 Jul 2007 06:57:47 GMT

SINGAPORE: Views of the public are being sought on the government's plans to promote philanthropy as announced by the Second Finance Minister Tharman Shanmugaratnam in this year's Budget speech.
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Clement | Singapore
Date: 2007-03-09 11:36:07

Subject: Budget 07-Expansion of CPF top-up Scheme

I am 40 years old 'sandwich' class 'heartlander' Singaporean, 3rm HDB flat dweller and been in the work force for abt 2 decades with a current total CPF of $139K consisting- 70K in OA, 18K in SA and 51K used under Property. Base on current CPF 1.5 time the prevailing Minimum Sum which is $94.6K x 1.5 = $141.9K for me. As such, I do not benefit or qualify for such expansion even to top-up both my retired parent's 'Zero' CPF retirement a/cs. ...


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The GST
July 1st will see GST at 7% but there will Credits handed out over four years to help Singaporeans cope with the tax rise.

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