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Budget Speech 2008

Creating a Top Quality Economy, Building a Resilient Community

Delivered in Parliament on 15 February 2008 by Mr Tharman Shanmugaratnam, Minister for Finance, Singapore


(Click to print in pdf or word format.)

  (1) ECONOMIC PERFORMANCE AND OUTLOOK  
     
      Economic Performance 2007
     
    Fiscal Position in 2007
     
    Economic Outlook for 2008
 
     
  (2) DEALING WITH INFLATION  
     
      Global Outlook
 
     
      Inflation in Singapore
 
     
      Our Strategies
 
     
  (3) TOP QUALITY ECONOMY, RESILIENT COMMUNITY  
     
      Budget 2008 Key Thrusts
 
     
  (4) CREATING A TOP QUALITY ECONOMY  
     
      Nurturing Every Skill and Talent
 
       -

Tertiary Education

       -

Continuing Education and Training (CET)

 
     
      Making Innovation Pervasive
 
       -

Investing in World Class R&D Capabilities

    -

Pushing for Commercialisation of Research

    -

Incentivising Enterprise and Innovation

    -

Catalysing Innovation in Public Services

 
     
      Enhancing Business Competitiveness
 
       -

Office Space Constraints

       -

Tax Competitiveness

 
     
      Individual Taxes
 
       -

Estate Duty

       -

Personal Income Tax

       -

Miscellaneous Tax Changes

 
     
  (5) BUILDING A RESILIENT COMMUNITY  
     
      Enhancing Financial Security in Retirement
 
       -

Voluntary Savings

    -

LIFE Bonus

 
     
      Helping Singaporeans Meet Healthcare Needs
 
     
      Taking Care of the Vulnerable
 
     
      Surplus Sharing
 
     
  (6) CONCLUSION  
     
      FY2008 Budget Position
 
     
      Going Forward with Strength
 
     
  ANNEXES  
       
      ANNEX A: Enhancements to Financial Assistance for Tertiary Education
       
    ANNEX B-1: Tax Change to Encourage Continual Upgrading
       
    ANNEX B-2: Research and Development (R&D) Tax Measures
       
    ANNEX B-3: Enhancing Business Competitiveness
       
    ANNEX B-4: Estate Duty
       
    ANNEX B-5: Special Tax and Liquor Duties
       
    ANNEX B-6: Other Tax Changes
       
    ANNEX C: LIFE Bonus (L-Bonus)
       
    ANNEX D: Budget for FY2007 and FY2008
 
     
 
   
     
 
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