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S'poreans will receive news of Budget in good time: PM Lee
SINGAPORE: Prime Minister Lee Hsien Loong said Singaporeans would receive news of next month's Budget in good time, but added that he preferred to leave the details to Finance Minister Tharman Shanmugaratnam.
Mr Lee said this during his visit to the Yio Chu Kang division on Sunday morning, when asked about possible goodies in the Budget, to be delivered in Parliament on February 18.
Mr Lee said that 2010 was a good year in which the Singapore economy grew by 14.7 per cent.
More details of the economic performance are expected to be released just before Budget Day by the Trade and Industry Ministry.
When asked about the Budget at a separate event and whether the government would focus primarily on low-income groups as it had done at the last election, Mr Tharman said the Budget would be for the good of Singapore in the long term, and would cover more than just one group of Singaporeans.
He also noted that people here are feeling the impact of rising inflation.
"That's something we have to live with. Fortunately in Singapore, it's been a lower rate of inflation than elsewhere because we have a relatively strong currency.
"But it's uncomfortable for many people; we know that and we will make sure we help families where we can," Mr Tharman said.
SINGAPORE: Prime Minister Lee Hsien Loong said Singaporeans would receive news of next month's Budget in good time, but added that he preferred to leave the details to Finance Minister Tharman Shanmugaratnam.
Mr Lee said this during his visit to the Yio Chu Kang division on Sunday morning, when asked about possible goodies in the Budget, to be delivered in Parliament on February 18.
Mr Lee said that 2010 was a good year in which the Singapore economy grew by 14.7 per cent.
More details of the economic performance are expected to be released just before Budget Day by the Trade and Industry Ministry.
When asked about the Budget at a separate event and whether the government would focus primarily on low-income groups as it had done at the last election, Mr Tharman said the Budget would be for the good of Singapore in the long term, and would cover more than just one group of Singaporeans.
He also noted that people here are feeling the impact of rising inflation.
"That's something we have to live with. Fortunately in Singapore, it's been a lower rate of inflation than elsewhere because we have a relatively strong currency.
"But it's uncomfortable for many people; we know that and we will make sure we help families where we can," Mr Tharman said.
