PSA: Singapore Budget 2020

The Singapore Budget is prepared for each financial year.

Budget 2020 will be delivered by Deputy Prime Minister and Minister for Finance, Mr Heng Swee Keat on 18 February 2020.

Seedly will be doing a LIVE UPDATE on the day itself on this article.

So stay tuned!

Source: giphySingapore Budget Overview

The Budget is a year-long process of planning that determines the allocation of the country’s yearly budget. This budget is assigned to various government policies and agencies to keep the country running.

To give you more reasons to stay updated on The Budget this year, we look at some of the highlights of last year’s Budget.

In the year 2019, Singaporeans enjoyed

More CHAS subsidies and covers chronic conditions 1.4 million lower-income Singaporeans to receive up to $300 GST Vouchers $150 top-up to Edusave accounts, $500 top-up to Post-Secondary Education Accounts (Age 17-20)