The mission of MOE is to mould the future of the nation. This is done through a flexible education system that brings out the best in our young by developing them into useful and responsible individuals and citizens, and provides them with a strong foundation in the knowledge and skills necessary to earn a living. A total budget of $6,543m has been allocated for MOE in FY2003 to achieve this mission.

MOE will continue to subsidise the operations of schools and tertiary institutions. A large percentage of this goes towards the maintenance of a quality teaching service.

As part of MOE's effort to create a learner-centred school environment, MOE will upgrade and re-develop existing schools. MOE will also develop new educational infrastructure for Institutes of Higher Learning (IHLs) to cater for the needs of a larger student population.

•	$2,701m to subsidise the operations of primary schools, secondary schools, centralised institutes and junior colleges.
•	$1,058m to subsidise the operations of the universities.
•	$601m to subsidise the operations of the polytechnics.
•	$178m to subsidise the operations of Institutes of Technical Education (ITEs).

•    $442m to: - Improve school infrastructure: 144 schools will be re-developed/upgraded under PRIME. - Launch the implementation of IT Masterplan 2.

•	$764m to develop and improve the educational infrastructure of IHLs: - The development of the Republic Polytechnic. - ITE's new regional campus. - The Singapore Management University city campus.