Tag Archives: Budget 2015

Analyzing Budget 2015 properly

By Donald Low The Business Times has a good piece on the Budget, “Moving left? Let’s set the context right” by Kelly Tay. I agree with the writer: most of the MPs posturing and pontificating about fiscal sustainability simply don’t understand how the Budget is presented. It is deliberately presented very conservatively – some revenues are excluded and some “expenditures” (such …

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SJP: Government still living in the Ivory Tower

Singapore Justice Party issues its statement in response to the Budget 2015 In 2015 Budget, DPM and Finance Minister Tharman Shanmugaratnam has shifted the government focus towards more of caring and support to the middle/lower income groups. There are increase of CPF Ceiling to $6,000, enhancing of interest rate in retirement, Silver Support Scheme for the Elderly and Lifelong Learning. …

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HOME: The Singapore Budget Disregards the Interests of Migrant Workers

Local Non-government Organsiation, Humanitarian Organization for Migration Economics (H.O.M.E.) issues its response towards Budget 2015. HOME welcomes the announcement that the foreign worker levy hike will be deferred for a year, and levy concessions have been made for families which hire foreign domestic workers. However, we urge the government to abolish levies completely. Since we already have policies which impose quotas …

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5 Ways Budget 2015 Might Give You A Little More Pocket Money

By Dinesh Dayani, Dollars and Sense Before the big unveiling, many Singaporeans, us included, expected a bumper giveaway since the nation is turning 50 this year. Appearently, Mr Tharman Shanmugaratnam didn’t get the memo, as the Deputy Prime Minister and Finance Minister decided to take a more prudent view instead. Here are 5 ways you may get more money from Budget 2015 …

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