Budget Logo And Process

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About the Budget Logo Design

Our Budget for the Future – Singaporeans at the heart of what we do

The heart is a symbol of our collective Singapore Spirit that emphasises Budget 2026 as Our Budget, and one that demonstrates the ‘We First’ ethos in the first Budget for the term of this Government.

A pair of hands meet to form a heart, reflecting our desire to build a caring and inclusive society, one that is strengthened through a collective bond.

A second heart completes the image, composed of two different colours blending together to create a third, showing the potential for us to be greater than the sum of our parts when everyone contributes as one united people towards our shared future of a stronger Singapore.

About the Singapore Budget

The Budget is prepared for each financial year. The financial year begins on 1 April of every calendar year and ends on 31 March of the next calendar year. The Budget includes the revised government revenue and expenditure projections for the current financial year, as well as the government revenue and expenditure estimates for the upcoming financial year.

The Budget Process: Managing Singapore’s Finances

How does the Government plan its revenue and spending each year? How are finite resources allocated? Find out more about how Singapore's Budget is determined every year.

April Start of Financial Year
Discussions throughout the year within MOF and other agencies on our national priorities, as well as trade-offs and financial viability of their plans.
December Pre-Budget Engagements
Public consultation begins via online and offline channels. The feedback is reviewed and helps shape the eventual Budget line-up.
February Cabinet Approves Budget
Budget Statement
The Finance Minister delivers the Budget Statement and introduces the Supply Bill. Parliament debates the Budget Statement.
Round-Up Speech and Committee of Supply
The Finance Minister delivers the Round-Up Speech, clarifies MP queries and sums up the Budget. Parliament then sits as a Committee of Supply, examining each ministry's plans.
2nd & 3rd Reading of Supply Bill
After the conclusion of the Committee of Supply, the Finance Minister delivers the 2nd and 3rd reading of the Supply Bill. Parliament then votes on the Supply Bill.
President's Assent is Sought for Supply Bill
If the President assents to the Supply Bill, the bill becomes a law called the Supply Act. This Act controls the Government's spending in the upcoming financial year.
By 31 March: Supply Bill Enacted as Supply Act