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Parliament: When spending needs to be sustainable, not rash

  • 📰 The Straits Times
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When spending needs to be sustainable, not rash

When Finance Minister Heng Swee Keat announced plans last year to raise the goods and services tax some time between 2021 and 2025, he said it would help pay for increased spending in areas such as healthcare and security.

Fast forward a year, and concerns over whether increased expenditure can be funded in a sustainable manner - and the best ways to do so - continued to feature prominently during the course of the debate on the Budget statement which began on Tuesday.

 

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Source: The Straits Times - 🏆 8. / 63 Read more »