PM Wong says the 2025 Budget advances ForwardSG plans. Singapore Business Review is tracking developments from Singapore's 2025 budget statement live as they are announced by Prime Minister and Minister for Finance Lawrence Wong.
The article provides live updates on Singapore's Budget 2025, focusing on key announcements and reactions. Finance Minister Lawrence Wong is set to deliver the Budget statement, with expectations around fiscal policies, economic strategies, and social support measures. The Budget aims to address ongoing economic challenges, including inflation, cost of living, and support for businesses and workers. Key points include potential adjustments to taxes, subsidies, and grants, as well as initiatives for sustainability, digitalization, and workforce development. The article also captures public and expert reactions to the Budget, highlighting anticipated measures for housing, healthcare, and education, alongside efforts to bolster Singapore's position as a global business hub.