Singapore is set to deliver its first budget under its new prime minister. Here's what to expect

Singapore is preparing for its first budget under Prime Minister Lawrence Wong, with analysts anticipating increased support for households and businesses in the upcoming budget announcement on Feb. 18. Wong, who succeeded Lee Hsien Loong last year, aims to address immediate cost concerns and long-term challenges in order to keep Singapore competitive in a changing global landscape. Analysts predict a generous “SG60 budget” in celebration of Singapore’s 60th year of independence, highlighting the government’s commitment to providing financial assistance during these uncertain times.

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