Budget 2021: GST increase to take place sometime during 2022 and 2025 | Video

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Budget 2021: GST increase to take place sometime during 2022 and 2025 | Video

(Updated: )

Deputy Prime Minister Heng Swee Keat said on Tuesday (Feb 16) that Singapore's fiscal situation is expected to be tighter in coming years. To finance recurrent spending needs, Mr Heng said the GST rate increase will take effect sometime during 2022 to 2025.

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