Singapore Government
Singapore Budget 1998
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Budget 1998

  Part I: Review of The Economy  
 
 
 
 
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  Part II: The FY98 Budget  
 
 
 
 
 
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  ANNEXES  
 
 
 
 
 
 

 
 
Budget Speech 1998
   
 
 

Fiscal Policy

 

During this period of uncertainty, we have emphasised fiscal prudence in planning the Government Budget. We have decided to adopt a conservative fiscal stance, and target for a modest budget surplus, smaller than in recent years. Government revenues will be stagnant. We are keeping a tight lid on operational expenditures. But we are increasing capital expenditures, particularly in the key areas of education, economic infrastructure and defence, in order to invest for the long-term.

 
 

 
   
 
 
   
     
 
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