The budget was just announced on Monday at 3:30pm. This year, it is more focused on the future where the finance minister makes sure that Singapore will have enough revenue going forward. This means its not so good news for majority of the people but some things have to be done in order to be sustainable.
However, Singapore also registered the best surplus year in 2017 of almost $10 Billion. As such, there will be a sweet surprise for all Singaporeans. Read on to find out more
Here are 9 highlights of the 2018 budget which may be applicable to individuals like you and me:
1. More support for education
The annual Edusave contributions provided by the Government will be increased, from S$200 to S$230 for each primary school student, and from S$240 to S$290 for each secondary school student. This will take effect from January 2019. The Government will ......