Budget 2017 Round-Up Speech

Finance Minister Heng Swee Keat delivered the Budget 2017 Round-Up Speech in Parliament on 2 March 2017, stressing the importance of having a spirit of enterprise to adapt and experiment, and the need to work together in partnership. Click for the full speech.  

Budget 2017 - Moving Forward Together

Minister for Finance, Mr Heng Swee Keat, has delivered the FY2017 Budget Statement on 20 Feb 2017. Click for the full Budget Statement, Budget in Brief, Short Clips of Budget 2017 and full Speech Video.

Building an Innovative and Connected Economy

Budget 2017’s measures, such as the International Partnership Fund and Global Innovation Alliance, will help enterprises and workers develop capabilities and scale-up globally.
 

Sustaining a Quality Environment for the Future

To ensure the sustainability of a high-quality living environment, measures will be implemented to reduce pollution and ensure water sufficiency.
 

Supporting Families

Budget 2017 provides support for families in the areas of housing and education. Families will benefit from measures such as the increase in CPF Housing Grant and bursary amounts for post-secondary education institutions.
 

Household Support Measures

Find out how the GST vouchers, personal income tax rebate and top-up to Medifund and ComCare fund can assist with your household expenses.
 

AN INCLUSIVE SOCIETY AND STRONG COMMUNITY

To build an inclusive society, Budget 2017 will provide support for Persons with Disabilities and people with mental health conditions. Additional grants have also been set aside for self-helps groups and community sports to strengthen community bonds.

A sustainable fiscal system

The Government will continue to spend judiciously, emphasise value-for-money and drive innovation in delivery so that we can do better and more with less. To continue support for economic development and enhance quality of life, revenue will be raised through new taxes, such as the Additional Registration Fee for Motorcycles.

Budget Video


Budget 2017: Moving Forward Together

For Budget 2017, we take decisive action to re-position ourselves for the future by developing strong capabilities in our firms and workers, and forging deep partnerships in our economy. The Budget also strengthens community bonds and partnerships between the Government, community organisations, and individuals, to build a better society together.

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