Videos

In this section, you will find videos on our Budget process and Budget 2021. Click on each video to learn more!

1. 2021 Budget Debate Round-Up Speech

03m44s

1. 2021 Budget Debate Round-Up Speech

1. 2021 Budget Debate Round-Up Speech

03m44s

The 2021 Budget Debate Round-Up Speech addresses these three themes:

  1. Singapore’s economic strategy to emerge stronger together;
  2. A cohesive and liveable Singapore; and
  3. A prudent fiscal strategy for the long term.
2. Navigating out of the Storm

2. Navigating out of the Storm

03m37s

Our economic response to COVID-19 has enabled us to narrowly avert a much deeper recession and scarring. Our calibrated strategy to support businesses and protect livelihoods has also seen positive outcomes for firms and workers.
3.1 Charting the Course for the Future – Stronger Businesses

3.1 Charting the Course for the Future – Stronger Businesses

05m14s

Our $24 billion action plan over the next three years seeks to give our workers and businesses a distinct advantage in the global marketplace. We will build an ecosystem that fosters a virtuous cycle of innovation and knowledge transfer. We will support transformation for our businesses, in ways that bring workers along.
3.2 Charting the Course for the Future – Skilled Workers

3.2 Charting the Course for the Future – Skilled Workers

04m01s

Our efforts to sustain a virtuous ecosystem of innovative and competitive firms ultimately serve to create good opportunities for our people. We will build upon the skills and experience of our workers to prepare them for the jobs of tomorrow.
4. A Cohesive and Liveable Singapore

4. A Cohesive and Liveable Singapore

03m29s

The Government has been judiciously putting in place multiple layers of support to help all Singaporeans, and will continue to do so.
5. Planning Ahead for a Green Future

5. Planning Ahead for a Green Future

02m40s

We must ensure our clean living environment endures for future generations to enjoy. Protecting our environment is a whole-of-society, multi-generational effort, and our commitment to future generations.
6.1 A Prudent Fiscal Strategy for the Long-Term – Use of Taxes

6.1 A Prudent Fiscal Strategy for the Long-Term – Use of Taxes

05m03s

With structural increases in our spending needs, more tax revenue is necessary, but the Government is committed to help Singaporeans manage the impact.
6.2 A Prudent Fiscal Strategy for the Long-Term – Use of Borrowing and Our Reserves

6.2 A Prudent Fiscal Strategy for the Long-Term – Use of Borrowing and Our Reserves

03m33s

The Government will borrow for long-term infrastructure, which is a fair and efficient approach to spread out lumpy costs. Our reserves are our strategic bulwark – the Government does not take any decision on the use of reserves lightly.
7. Conclusion

7. Conclusion

02m17s

The years ahead will be crucial. To succeed, every Singaporean must come together to build the Singapore we want to see. We will forge ahead as One Team Singapore, and Emerge Stronger Together.
未雨绸缪, 谨慎理财

未雨绸缪, 谨慎理财

02m04s

我们要坚守先辈们未雨绸缪,谨慎理财的原则,确保财政政策的可持续性,也兼顾跨代利益和责任。只要我们携手同心,就能突破难关,越战越勇。
Full Budget 2021 Round-Up Speech

Full Budget 2021 Round-Up Speech

02h01m23s

Budget 2021, on Emerging Stronger Together, lays out our strategic plan to capitalise on our strengths, and to double down on our commitment to invest in connectivity, digitalisation, the green economy, and our people.
Budget 2021 Grassroots Dialogue Presentation

Budget 2021 Grassroots Dialogue Presentation

28m04s

This presentation will take you through the key points from Budget 2021. 

Watch it in Chinese | Malay | Tamil

Emerging Stronger Together: Supporting our Businesses

Emerging Stronger Together: Supporting our Businesses

01m05s

Budget 2021 invests in businesses so that they can innovate, build deep capabilities, and seize growth opportunities. 
Emerging Stronger Together: Supporting our Workers and Jobseekers

Emerging Stronger Together: Supporting our Workers and Jobseekers

00m52s

Our economy is recovering gradually but unevenly. Budget 2021 contains tailored support for workers and jobseekers to maintain resilience and support growing areas.
Emerging Stronger Together: Supporting our Households

Emerging Stronger Together: Supporting our Households

00m42s

As we recover from the crisis of a generation, Budget 2021 will help Singapore emerge stronger as a society and community.
Emerging Stronger Together: Embracing Sustainability

Emerging Stronger Together: Embracing Sustainability

00m41s

Sustainable development is a major priority for Singapore. Budget 2021 builds on earlier foundations to create a sustainable Singapore for generations to come.
#SGBudget2021: Emerging Stronger Together

#SGBudget2021: Emerging Stronger Together

00m29s

#ICYMI - The annual Singapore Budget statement was delivered on 16 Feb 2021. We rolled out 5 Budgets in 2020 with aim to get through the COVID-19 pandemic as a strong, united people. This year, our Budget reflects the next stage of our journey, for us to Emerge Stronger Together. 
SG Budget 2021: COVID 19 Resilience Package

SG Budget 2021: COVID 19 Resilience Package

00m28s

The Government’s immediate priority is to re-open Singapore safely while sustaining the momentum of our recovery. To do so, $11 billion has been set aside for the COVID-19 Resilience Package. 
SG Budget 2021: Household Support Package

SG Budget 2021: Household Support Package

00m30s

About $900 million has been set aside in Budget2021 for the Household Support Package to ensure our families are well supported through this period of economic uncertainty, with lower- to middle-income families receiving more. 
SG Budget 2021: Supporting the Singapore Green Plan 2030

SG Budget 2021: Supporting the Singapore Green Plan 2030

00m30s

Climate change is real and urgent, and it is imperative that we act now. Building a green Singapore requires a whole-of-society effort, and together, we can build a sustainable home for all. 
SG Budget 2021: SGUnited Jobs and Skills Package

SG Budget 2021: SGUnited Jobs and Skills Package

00m30s

To support both our firms and workers to emerge stronger as the world evolves, $24 billion has been set aside over the next 3 years to invest in economic and workforce transformation. Of which, $5.4 billion is allocated to a second tranche of the SGUnited Jobs and Skills Package to enable Singaporeans to learn and thrive.
2021 Budget Speech

2021 Budget Speech

4m33s

The global battle against COVID-19 is not over. In the coming year, recovery in global economic activity is expected to be long-drawn, highly uncertain, and uneven across sectors and geography. Budget 2021 deploys our fiscal resources and the energies of our people, to realise our collective aspirations and build our future together. Together, we will emerge stronger.
COVID-19 Resilience Package

COVID-19 Resilience Package

4m44s

$11 billion will be set aside for a COVID-19 Resilience Package. This Package will have three prongs, to address our immediate needs to safeguard public health and re-open safely, support workers and businesses where needed, and target support for sectors that are still under stress.

Emerging Stronger – Positioning ourselves for a different, post-COVID-19 world

Emerging Stronger – Positioning ourselves for a different, post-COVID-19 world

2m17s

Our focus will be on Emerging Stronger. We have a window of opportunity to position ourselves for a different world, post-COVID-19. We will act to secure a better future, with innovative businesses and good jobs for Singaporeans.
Emerging Stronger – Vibrant Business Sector and Ecosystem for Innovation

Emerging Stronger – Vibrant Business Sector and Ecosystem for Innovation

3m30s

We will work on deepening Singapore’s position as a Global-Asia node – restoring our physical connectivity and transforming our aviation sector for recovery, and expanding our digital connectivity to collaborate and innovate with partners around the world. 
Emerging Stronger – Suite of Capital Tools to Co-Fund Transformation

Emerging Stronger – Suite of Capital Tools to Co-Fund Transformation

3m07s

We will also provide a suite of capital tools to empower our businesses to innovate, transform, and scale.
Emerging Stronger – Skilled Human Capital and Talent

Emerging Stronger – Skilled Human Capital and Talent

5m06s

The employment landscape is undergoing fundamental changes, and COVID-19 will accelerate the change. There are many strengths in Singapore that will enable us to create good jobs here. But to access these, we must continue to learn and adapt.
Strengthening our Social Compact

Strengthening our Social Compact

4m51s

As the economic situation remains uncertain, we will introduce a Household Support Package to provide additional support to families. Beyond short-term relief, we will continue to ensure equal opportunities for all and support the needy and vulnerable segments of our society.
Building A Sustainable Home For All

Building A Sustainable Home For All

4m39s

Protecting our environment is a long-term whole-of-nation effort. We will work with all segments of society and leverage on technology to build a liveable and sustainable home for generations of Singaporeans. 
Our Fiscal Strategy

Our Fiscal Strategy

6m46s

Our fiscal approach must strike a careful balance between addressing our immediate needs and meeting our longer-term structural needs in a responsible manner.
Conclusion

Conclusion

2m37s

Budget 2021 lays out our plans to continue to tackle our immediate challenges and to emerge stronger in the new normal. As One Singapore, let us strive to emerge stronger together, as a united, red dot, that is also green, sustainable and trusted by all.
携手同心,越战越勇

携手同心,越战越勇

8m08s

未来一年,全球经济的复苏之路将是不平坦,也充满不确定性的。政府将通过2021年的财政预算案,继续帮助国人和受疫情重创的领域,同时放眼未来,推动经济转型,让新加坡能够在后冠病时代越战越勇。
Full Budget 2021 Speech

Full Budget 2021 Speech

2h12m31s

 

Budget 2021 deploys our fiscal resources and the energies of our people, to realise our collective aspirations and build our future together. Let us seek to build a stronger Singapore:

  1. That is economically vibrant, so we can create good jobs for our people and opportunities for our businesses;
  2. That is socially cohesive, with a strong social compact and community spirit;
  3. That is a welcoming home, green and sustainable for generations to come; and
  4. That has the fiscal and social reserves to enable continued stability and progress.
The Road to Budget 2021: Dedication

The Road to Budget 2021: Dedication

2m05s

This is the last episode of our Behind-The-Scenes (BTS) series on ‘The Road to Budget 2021’.

Every year, Auntie Mei Jok, with help from many others, lovingly prepares the delicious Budget Porridge to cheer on the MOF team.

Like this home-cooked treat, the Budget is the result of the teamwork and dedication of our MOF officers past and present – not forgetting many partners, stakeholders and colleagues across the Whole-of-Government.

We are dedicating this to our MOF family <3

 

The Road to Budget 2021: Engagement

The Road to Budget 2021: Engagement

1m52s

Watch this video to learn more about the importance of engaging with businesses and the community to develop the Singapore Budget.

The Road to Budget 2021: Collaboration

The Road to Budget 2021: Collaboration

3m12s

Watch this video to learn how the Government’s annual Budget is developed through collaboration with partner agencies, the public and the private sector.

The Road to Budget 2021: Feedback

The Road to Budget 2021: Feedback

2m33s

Watch this video to learn more about how MOF gathers views and suggestions from members of the public, and why your views matter in the development of the annual Budget.
Call For Feedback

Call For Feedback

1m08s

How can Singaporeans play a part in securing a positive future together? In preparation for Budget 2021, the Ministry of Finance has launched a public feedback exercise.
Singapore’s Fiscal Landscape

Singapore’s Fiscal Landscape

2m58s

What are our considerations when planning for our future? Why is fiscal sustainability important? Watch this video to find out more!
Singapore’s National Budget Process

Singapore’s National Budget Process

1m36s

How does the Government plan its revenue and spending each year? How are finite resources allocated? Watch this video to find out how Singapore’s Budget is determined every year and share it with your family and friends too!