bearish

Singapore Budget 2023: More of the Same?

Manu has highlighted this Insight as a Top Pick
363 Views21 Feb 2023 10:20
SUMMARY
  • Budget 2023 signalled continued fiscal conservatism that risks increasing public savings beyond what is economically efficient. More money can be spent on pursuing long-term goals.
  • The step up in social assistance schemes was welcome, but there is considerable latitude for more support for Singaporeans to face looming economic and social challenges.
  • Goodies in Budget 2023 can be justified by prevailing macroeconomic conditions and the government’s policy goals, so the budget is not sufficiently indicative of an early election.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
x