Category Archives: Budget

Budget 2018: State investment returns now biggest contributor of government revenue, economy in trouble

Budget 2018 and recent budgets confirm one thing: our economy is in trouble. In managing Singapore as a corporation, the PAP government should be able to generate revenue mostly from direct and indirect taxes.  Instead, it has been increasingly reliant … Continue reading

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Budget 2018: Government needs to explain $7 billion ‘windfall’, economy in fact weak

The PAP government owes Singaporeans an explanation as to how it ‘missed’ statutory boards’ contributions estimate by a mile last year. In Today’s “S’pore posts record S$9.6 billion budget surplus, thanks to ‘one-off’ factors“, the article briefly explained how PAP managed … Continue reading

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