Budget 2026 debate: Gerald Giam on Budget as statement of national values and priorities
The House should examine the government's recurring pattern of overly conservative fiscal projection, said MP Gerald Giam. Speaking in parliament on Tuesday (Feb 24), he pointed out that the consistent underestimation raises fundamental questions of whether the government is "unnecessarily hoarding funds". He called for more accurate forecasting that ensures Singapore’s abundance benefits current generations as much as future generations. Mr Giam said the Budget is a statement about national values and priorities. “We should measure our success not by the absolute size of our reserves, but by the security, dignity and peace of mind of every Singaporean,” he said.
The House should examine the government's recurring pattern of overly conservative fiscal projection, said MP Gerald Giam. Speaking in parliament on Tuesday (Feb 24), he pointed out that the consistent underestimation raises fundamental questions of whether the government is "unnecessarily hoarding funds". He called for more accurate forecasting that ensures Singapore’s abundance benefits current generations as much as future generations. Mr Giam said the Budget is a statement about national values and priorities. “We should measure our success not by the absolute size of our reserves, but by the security, dignity and peace of mind of every Singaporean,” he said.
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