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Budget 2015

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Gradually getting back to work. Listened to DPM Tharman Shanmugaratnam delivering the Budget 2015 speech in Parliament this afternoon.

Our Jubilee Budget focuses on the future: building Singapore and helping Singaporeans prepare for changes to come. We want Singaporeans to have greater assurance at each stage of life, more opportunities and a better home for all.

We will invest continuously in every citizen, and empower you to learn throughout your life, so that you can become expert in your chosen field of work.

We will invest heavily in infrastructure to create a highly liveable home with quality healthcare.

We will provide additional support to Singaporean families for your costs of living and your retirement.

Government spending will increase, so we are also making sure that we have enough revenues. One thing we will do is to raise personal income taxes for the top 5% of income earners.

More details on the various initiatives will be shared during the Committee of Supply, which will start on 3 March. You can also visit http://www.singaporebudget.gov.sg/ for more information. Meanwhile, here are some highlights from Tharman’s speech today. – LHL

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