Government spending could exceed 20% of GDP by 2030; GST and other tax moves help to close funding gap: Finance Ministry | Video
02:41 Min
Singapore is expecting government expenditure to rise to about 19 per cent to 20 per cent of gross domestic product (GDP) between the financial years of 2026 to 2030, and possibly exceed 20 per cent by the end of the decade. Tan Si Hui reports.
08 Feb 2023 10:28pm
Singapore is expecting government expenditure to rise to about 19 per cent to 20 per cent of gross domestic product (GDP) between the financial years of 2026 to 2030, and possibly exceed 20 per cent by the end of the decade. Tan Si Hui reports.
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