SINGAPORE: Singapore's government is expected to focus on cost of living issues, housing and employment in next week's budget, as it heads towards an election buoyed by strong growth and low inflation but facing uncertainties over U.S. trade policies.
Economists forecast an expansionary budget in 2025, with DBS expecting an overall fiscal deficit of S$3.8 billion ($2.8 billion), or 0.5% of gross domestic product and Maybank estimating a deficit of S$6 billion, or overall surplus of 0.8%.
