Morning Shot: Budget 2025 Lookahead - How all-encompassing will an SG60 Budget be?

Singapore’s Prime Minister and Finance Minister will be delivering the Budget in Parliament today. This will be PM Wong’s first Budget as Prime Minister, and also the last one for the current term of government, with an upcoming General Election expected to be held by 23rd November.

Titled “Onward Together For A Better Tomorrow” - this year’s Budget is set to be a significant one, with expectations for it to cover both short and long-term challenges across four broad themes: economic strategies for the next bound; opportunities for skills upgrading and jobs for workers; support for Singaporeans across different life stages; and strengthening Singaporeans’ sense of solidarity and unity as the country marks SG60.

In a social media post, PM Wong said that this year’s Budget will involve everyone and advances the Forward Singapore plans for a stronger and more united society.

On this episode of Morning Shot, Ang Yuit, President of the Association of Small & Medium Enterprises shares his insights.

Presented by: Audrey Siek
Produced by: Yeo Kai Ting (ykaiting@sph.com.sg)
Photo credits: Lawrence Wong / Facebook

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