Support measures set to taper, but Budget 2021 to remain expansionary: Analysts Toggle share menu
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Support measures set to taper, but Budget 2021 to remain expansionary: Analysts
People walk during their lunch break at the financial business district of Raffles Place in Singapore on Jan 11, 2021. (Photo: AFP/Roslan RAHMAN) Share this content
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SINGAPORE: The upcoming Budget on Feb 16 is expected to be expansionary, but more calibrated than the extraordinary fiscal resuscitation applied to the economy in 2020, analysts said.
This means that Budget 2021, which will be delivered on Feb 16, may post a deficit despite it being the first budget of the Government s new term following a General Election last July, an unusual circumstance in fiscally conservative Singapore.
Singapore may be considering another round of measures to cool residential prices, according to market analysts, who see recent ministerial remarks as a signal for the possible move