In this infographic, CAPE delves into a quick Budget 101 crash-course, with the hope of helping you stay informed about this crucial event.
References
- Parliament of Singapore. “From the Chair | The Budget Process” <https://www.parliament.gov.sg/newsroom/speaker%27s-blog/details/the-budget-process>
- Yuen Sin (The Straits Times, Feb 20, 2018), “Singapore Budget 2018: Stress on prudence as ministries’ budget growth cap is cut”, <https://www.straitstimes.com/singapore/stress-on-prudence-as-ministries-budget-growth-cap-is-cut#:~:text=Under%20block%20budgeting%2C%20each%20ministry,growth%2C%20subject%20to%20periodic%20reviews.>
- Ministry of Finance, Singapore. “Budget Process” <https://www.singaporebudget.gov.sg/budget_2019/about-budget/budget-process>
- Tham Yuen-C (The Straits Times, May 26, 2020), “Budget deficit expected to hit $74.3 billion, largest since Singapore’s independence in 1965”, <https://www.straitstimes.com/politics/budget-deficit-expected-to-hit-743-billion-largest-since-independence-in-1965>
- Nisha Ramchandani (The Business Times, Feb 20, 2018), “Singapore Budget 2018: Big surplus, lower spending, one-off bonus for Singaporeans”, <https://www.businesstimes.com.sg/government-economy/singapore-budget-2018/singapore-budget-2018-big-surplus-lower-spending-one-off>
- Singapore Budget. “Analysis of Revenue and Expenditure, FY 2020”, <https://www.singaporebudget.gov.sg/docs/default-source/budget_2020/download/pdf/fy2020_analysis_of_revenue_and_expenditure.pdf>