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WITH stronger than expected economic growth in 2007, the Government expects the overall budget Balance to be a surplus of S$6.4bil (RM14.6bil) for financial year 2007, compared to the deficit of S$0.7bil (RM1.6bil) that was originally projected.
A home for every Malaysian - that will be the main agenda for Budget 2008 that will be unveiled by Prime Minister Datuk Seri Abdullah Ahmad Badawi at the Dewan Rakyat today.
SECOND Finance Minister Tharman Shanmugaratnam has unveiled a budget deficit of $1.3bil (RM2.9bil) for fiscal year 2006, with the GST hike to take effect in July, accompanied by a S$4bil (RM9.2bil) offset package, as well as a rise in the employer's share of CPF contributions by a 1.5 percentage point.
Potong Pasir MP Chiam See Tong wants to see the poor exempted from the impending goods and services tax (GST) hike.
THE government's first concern in crafting the budget due next month is to ensure it pushes the economy forward and prepares Singapore for the next stage of its development.
WHEN the goods and services tax (GST) goes up, Singaporean families need not worry about having to pay more for their children's school fees.
FOREIGNERS in Singapore will pay more for education and health care as the government puts a priority on its own citizens, Prime Minister Lee Hsien Loong said in remarks published on Monday.
ALL government fees will stay frozen and not be raised for one year when the goods and services tax (GST) goes up from 5% to 7%.
SINGAPORE will raise its consumption tax next year to fund programmes for its lower income households, Prime Minister Lee Hsien Loong said in remarks published yesterday.
A PARCEL containing two air pistols eluded security checks meant to prevent such items from being sent by post, and were about to be delivered before they were finally stopped - by the man who ordered them.