Singapore's Budget 2021 to be more targeted as govt dials down financial support

Less government assistance could actually be a good thing, says Singapore Retailers Association executive director Rose Tong.- ST

SINGAPORE (The Straits Times/ANN): Next month's Budget is expected to target sectors hit hardest by the pandemic, but overall spending will be reined in after extensive support measures were rolled out last year.

Liang Eng Hwa, chairman of the Government Parliamentary Committee for Finance, Trade and Industry, told a pre-Budget roundtable: "I'm a bit more realistic about what to expect for the upcoming Budget because there are only so (many) financial resources you can use to help."