Committee of Supply 2024 debate, Day 1: Liang Eng Hwa on prudent finances and supporting businesses
In Parliament on Wednesday (Feb 28), Speaker Seah Kian Peng dealt with the expenditure estimates for the Ministry of Finance (MOF). MP Liang Eng Hwa then stressed the need for Singapore to uphold fiscal prudence and responsibility, as well as ensure that public spending is “value for money”. He wanted to know how the Government ensures that public resources are used effectively and prudently. He also wanted to know how MOF will ensure prompt and timely payments to suppliers to ease their cashflow challenges amidst rising costs, as well as support companies to seize growth opportunities and develop capabilities in sustainability.
In Parliament on Wednesday (Feb 28), Speaker Seah Kian Peng dealt with the expenditure estimates for the Ministry of Finance (MOF). MP Liang Eng Hwa then stressed the need for Singapore to uphold fiscal prudence and responsibility, as well as ensure that public spending is “value for money”. He wanted to know how the Government ensures that public resources are used effectively and prudently. He also wanted to know how MOF will ensure prompt and timely payments to suppliers to ease their cashflow challenges amidst rising costs, as well as support companies to seize growth opportunities and develop capabilities in sustainability.
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