Singapore needs to increase its revenues due to structural funding gap: Finance Minister Lawrence Wong | Video
04:15 Min
Finance Minister Lawrence Wong said Singapore needs to increase its revenues, due to a structural funding gap as its expenditure rises. In a speech rounding up a 3-day debate on the Budget statement, Mr Wong said that while Singapore's reserves are growing, the size of the economy and complexity of needs are growing even faster. Brandon Tanoto reports.
02 Mar 2022 10:53pm
Finance Minister Lawrence Wong said Singapore needs to increase its revenues, due to a structural funding gap as its expenditure rises. In a speech rounding up a 3-day debate on the Budget statement, Mr Wong said that while Singapore's reserves are growing, the size of the economy and complexity of needs are growing even faster. Brandon Tanoto reports.
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