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Lawrence Wong set to deliver 2024 Budget statement in Parliament on 16 February

Deputy Prime Minister and Minister for Finance Lawrence Wong is set to deliver the 2024 Budget statement in Parliament on 16 February.

Amidst the anticipation, there is widespread speculation, following Prime Minister Lee Hsien Loong’s announcement of leadership transition, that the upcoming year will be an election year. Citizens would likely keenly await the Budget, expecting generous handouts, a tradition observed in past election years.

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SINGAPORE: Deputy Prime Minister and Minister for Finance Lawrence Wong is set to deliver the 2024 Budget statement in Parliament on 16 February, as announced by the Ministry of Finance (MOF) today.

The release of the budget will be broadcast live across various platforms, including television, radio, and the Singapore Budget website, ensuring comprehensive accessibility for all citizens.

The MOF will broadcast the event and ensure real-time updates of critical announcements via its Facebook and X accounts. The full statement will be accessible on the Budget website post-delivery, allowing for in-depth public review and discussion.

Recognizing the value of citizen participation, the MOF has extended the platform for public opinion sharing through the REACH’s Budget 2024 microsite until 26 January.

Additionally, a physical Listening Point session will be conducted on 23 January at Galaxis at One North, offering a direct channel for citizens to voice their views.

In an effort to encompass a broader spectrum of public opinion, MOF has partnered with the People’s Association and its grassroots organizations to initiate virtual engagement platforms. These platforms will operate until 26 January, actively seeking public views and suggestions.

The process of creating the Budget is a detailed and ongoing operation that kicks off with the onset of the financial year in April. It entails a series of discussions among the Ministry of Finance and various governmental agencies, where they deliberate over key elements including national priorities and the economic sustainability of proposals. The input from the public, collected via both digital and traditional means, is integral in sculpting the ultimate Budget proposal.

Following extensive deliberations and public engagement, the Cabinet approves the Budget, leading to its presentation in Parliament by the Finance Minister in February.

The parliamentary process encompasses debates, the introduction of the Supply Bill, and subsequent readings, all culminating in a vote. However, debates are sometimes curtailed by the guillotine rule and the magnitude of issues within certain ministries. This abrupt cessation often halts in-depth questioning from MPs regarding questionable policy changes by the ruling government.

Once the President assents, the Bill transforms into the Supply Act, controlling government expenditure for the forthcoming financial year.

Amidst the anticipation, there is widespread speculation, following Prime Minister Lee Hsien Loong’s announcement of leadership transition, that the upcoming year will be an election year. Citizens would likely keenly await the Budget, expecting generous handouts, a tradition observed in past election years.

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Whats so difficult about Budget 2024?
Just cut copy paste over Budget 2023..more of the same BS…give wing collect whole.
BTW, collect your $1 million salary on the way out

The World’s HIGHEST PAID political appointments in SG with Obscene Salaries to the tune of Millions of Dollars, to make as World’s Most Highest – find NO way, UNABLE to come out with Workable Strategies, Methods, to RAISE productivity, NO GUTS to ENACT Min Living Wages, mind you, for DECADES.

This is the Sheegapore that ONLY KNOWS HOW to tweak and tweak INTO FAVOURABLE policies to ENTICE Rich to park money WITH the disguised LIES to TROT unsuspecting 🐑 that SG should be thankful to them for jobs.

First on their budget list is to maintain their million$ salary to themselves – quickly and unanimously voted for and done.

Second is to raise taxes, GST, fees, squeeze Singaporeans to make up for their over-spending during the covid period (and likely heavy losses in a East Asia country). Another fast done deal.

Anything/everything else thereafter is questionable, negotiable, debatable, can be ignored, act blur, wayang crocodile tears for, pinning the faults on the Oppies/Free Riders, Fuxk-up-but-Excused-as-No Blaming-Culture.

So the Puppet DPM gog to purge the Colourless and Stateless? Still waiting for Rich Big Shot to play their Political Game on Small fry like the targetted ones

Since all their Big stars independent are all Overseas and left their pawn stars on this island to play their games. No?!?

When this DETACHED PAP Administration affirmed: i. Singaporeans like to work, ii. Singapreans work to, and as exercise – coffins of 100s of 1000s of approaching retirement, reprising a happy relax life at age 65 with remain years of decent heatlh to retire SGpns, are NAILED. And REMEMBER in one’s HEART and MIND, they ALWAYS Nvr Nvr FAIL to ask Sheegaporeans to prepare for next generation in terms of NOT TOUCHING Reserves (BUT they dish our 1000s of CHICKEN wings so FREELY) AND CLEARING Forests, to enable LAND for next generation’s HOUSING when it IS SO OBSCENELY QUESTIONABLE SGpns are… Read more »

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