Growing Incomes, Strethening to Our Society
 
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Events and Announcements

Budget 2011 - Addressing Your Concerns

Budget 2011 addresses the key concerns of many Singaporeans. View the excerpts from the Budget Debate Round-Up Speech to find out more.

12/03/2011 12:00:00 PM


Business Benefits Calculator - Productivity and Innovation Credit Scheme

The online Business Benefits Calculator for the Productivity and Innovation Credit (PIC) Scheme is available. You may estimate your Productivity and Innovation Credit using the calculator.

16/03/2011 9:45:00 AM


Budget 2011 Debate Round-Up Speech

Minister for Finance, Mr Tharman Shanmugaratnam delivered the Budget 2011 Debate Round-Up Speech in Parliament on 2 March 2011. His response to the concerns raised by Members of Parliament is set out along the lines of the following major themes:

(i) Raising Productivity;
(ii) Social Mobility;
(iii) Cost of Living and GST issues; and
(iv) Progressive Fiscal System.

03/03/2011 12:15:00 AM


Productivity and Innovation Credit Scheme - Tax Deferral Option

Minister for Finance, Mr Tharman Shanmugaratnam announced the Productivity and Innovation Credit (PIC) Scheme - Tax Deferral option in the Budget 2011 Debate Round-Up Speech in Parliament on 2 March 2011. You may refer to updated PIC Factsheet and Business e-Flyer for more information.

02/03/2011 7:30:00 PM


The Minister for Finance, Mr Tharman Shanmugaratnam, delivered the Budget Statement for the FY2011 on 18 February 2011


Growing Incomes, Strengthening Our Society

1. Budget 2011 prepares Singapore and Singaporeans for the long term through two main strategies:

(i) Growing Incomes for all Singaporeans We aim to raise incomes by 30% in real terms over the coming decade by growing the economy, upgrading our businesses and investing in raising skills and the quality of service.

(ii) Strengthening our Society We will invest further to build an inclusive society where every Singaporean can contribute and share in our nation’s progress.

2. Budget 2011 provides $6.6 billion of benefits for Singaporeans:

(i) a $3.2 billion 'Grow & Share' Package for Singaporean households this year; and

(ii) $3.4 billion set aside for longer-term social investments, through transfers to Endowment and Trust Funds.

3. With the economic recovery putting our fiscal position on a stronger footing, the Government has also decided to put back into Past Reserves the $4.0 billion that it had drawn earlier for the Resilience Package in 2009.

4. More details of the initiatives introduced in Budget 2011 can be found in the Key Budget Initiatives.

18/02/2011 8:45:00 PM


Catch the Action as Budget Statement is Delivered

Minister for Finance, Mr Tharman Shanmugaratnam, will deliver the FY2011 Budget Statement in Parliament on 18 February 2011, 3.30pm. Read the Budget Statement or watch the Live Webcast while it is being delivered.

18/02/2011 3:00:00 PM


Closure of Speech Subscription

The Speech Subscription has closed. The Budget Statement will be delivered today at 3.30pm.

18/02/2011 3:00:00 PM


Winners for Budget Challenge 2011

Congratulations to the winners for Budget Challenge 2011!

16/02/2011 7:03:00 PM


Winners for Round 2 of Budget Quiz

Congratulations to the winners for Round 2 of the Budget Quiz!

14/02/2011 4:30:00 PM


End of Budget Quiz Round 2

Round 2 of the Budget Quiz has ended. We thank you for your participation. The winners will be announced on Monday, 14 February 2011.

12/02/2011 12:00:00 AM


Pre-Budget Feedback Exercise

The pre-Budget feedback exercise is now closed. We thank you for your feedback.

08/02/2011 12:00:00 AM


Finalists for Budget Challenge 2011

Congratulations to the top five teams who made it to the Budget Challenge 2011 Finals!

28/01/2011 7:30:00 PM


Budget Challenge 2011 Updates

Visit MOF’s Facebook page to check out the two-page proposals of all participating teams for Budget Challenge 2011 Preliminary rounds which will take place this Friday! Pictures and updates will also be posted on the Facebook page, so stay tuned!

26/01/2011 11:30:00 PM


Budget Statement Mailing List

Subscription to the Budget Statement mailing list to receive the Budget Statement via email is available from now to 18 February, 2.00pm.

26/01/2011 6:00:00 PM


2011 Budget Statement to be Delivered on 18 February

The FY2011 Budget Statement will be delivered by Minister for Finance, Mr Tharman Shanmugaratnam, in Parliament on Friday, 18 February 2011.

24/01/2011 2:00:00 PM


Winners for Round 1 of Budget Quiz

Congratulations to the winners for Round 1 of the Budget Quiz!

22/01/2011 12:35:00 AM


Launch of Budget Quiz Round 2

Round 2 of the Budget Quiz is now open to public. Try it now!

22/01/2011 12:00:00 AM


Launch of Budget Quiz

The Budget Quiz is now open to public! Attractive prizes are up for grabs.

01/01/2011 12:01:00 AM


Budget Teaser Quiz

The Budget Teaser Quiz is now on Facebook!

15/12/2010 5:53:00 PM


Feedback Exercise

We welcome your views on what Budget 2011 should encompass to meet the needs and aspirations of all Singaporeans.

01/12/2010 3:31:00 PM


Budget Quiz 2011

Do you have a good grasp and understanding of public financing and policy issues? Prove it in the Budget Quiz!

01/12/2010 3:31:00 PM


Budget Challenge 2011

Represent a Ministry and propose policy initiatives to be debated in a Parliamentary setting during the Preliminary and Final rounds.

01/12/2010 3:31:00 PM


Last updated on 16 Mar 2011
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