Budget 2025 debate: Neil Parekh Nimil Rajnikant on leveraging surplus to address emerging challenges
As Singapore celebrates 60 years of independence, Budget 2025 holds special significance as a testament to its resilience, unity and unwavering commitment to progress, said NMP Neil Parekh Nimil Rajnikant. Speaking in parliament on Wednesday (Feb 26), he said the Budget is “not just a financial plan” but an opportunity to reflect on Singapore’s achievements, acknowledge the challenges ahead and reaffirm its collective vision for a prosperous and inclusive nation. He pointed out that Singapore’s continued fiscal prudence has allowed it to maintain a surplus. He suggested using it to address emerging challenges with even greater allocations to help businesses adapt quickly to a digital economy and the changes brought about by artificial intelligence, as well as help citizens over 60 years old to retire with dignity and maintain their quality of life.
As Singapore celebrates 60 years of independence, Budget 2025 holds special significance as a testament to its resilience, unity and unwavering commitment to progress, said NMP Neil Parekh Nimil Rajnikant. Speaking in parliament on Wednesday (Feb 26), he said the Budget is “not just a financial plan” but an opportunity to reflect on Singapore’s achievements, acknowledge the challenges ahead and reaffirm its collective vision for a prosperous and inclusive nation. He pointed out that Singapore’s continued fiscal prudence has allowed it to maintain a surplus. He suggested using it to address emerging challenges with even greater allocations to help businesses adapt quickly to a digital economy and the changes brought about by artificial intelligence, as well as help citizens over 60 years old to retire with dignity and maintain their quality of life.
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