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How Is Singapore’s Budget REALLY Planned? ft. Minister of State Alvin Tan | 14 Feb 2023

The Daily Ketchup

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The Trade-Offs Are Incredibly Important, Right?

A cynical mind or a skeptical mind would... Because there's going to be trade-offs, right? That's right. How do you balance all those trade-offs? So the trade-offs are incredibly important because you have a finite number of resources, amount of resources. What do you allocate? And so that's why different ministries account for different proportions of the budget. Is it pre-allocated that already? Okay, depends. Compound going to take the deficit. Not quite. I mean, there is always that discussion as to how you want to allocate. For example, if you were to... For example, that year, you may not need so many aircraft or anything

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