S’pore’s Budget statement to be delivered in Feb. Here’s how you can influence its contents.
You can ask for a bigger GST angpow.
The Ministry of Finance (MOF) announced that Finance Minister Heng Swee Keat will be delivering the 2019 Budget Statement on Monday, Feb. 18 2019.
What is the Budget Statement?
The statement includes the government’s projections for the current financial year — how much it earned and spent between Apr. 1 2018 and Mar. 31 2019 — as well as its plans for revenue and expenditure for the 2019 financial year.
The 2018 statement had these following themes for which expenditure was planned around:
- A Vibrant and Innovative Economy
- Smart, Green and Liveable City
- Caring and Cohesive Society
- Fiscally Sustainable and Secure Future
The expenditure then flowed down to Singaporeans in the form of things like GST vouchers, HDB housing grants, SkillsFuture credits, and keeping things like street lamps and traffic lights running.
Before the budget is approved by the Government, feedback is typically sought from Singaporeans over a two-month period.
For the 2019 budget, this exercise is between December 2018 and January 2019.
If you missed the REACH listening points set up to collect your feedback in December, there are two more for January:
If you prefer to not leave your house, here are other avenues:
Top image Mothership file photo