Minister for Finance, Mr. Tharman Shanmugaratnam, delivered the Budget Speech for the Financial Year 2009 in Parliament yesterday. You can find out more about the Singapore Budget 2009 via the official website.
Finally some good news before the Chinese New Year; for the first time since independence, our usually frugal government has decided to dip into the reserves this year to help Singapore businesses and households cope. Over S$20.5 billion were announced in recession-targeted spending.
The generosity has not gone unnoticed in the international arena. Check out these news reports via various international media:
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