Bloomberg| Singaporeans say budget not enough to manage rising costs, poll finds

[Imboredtodeath]

A majority of Singapore residents view measures in the latest annual budget as inadequate to help them cope with rising costs of living, according to a new poll.

Among 1,002 adults surveyed by Singapore-based Milieu Insight, 55% said the budget's nearly S$124 billion ($92.8 billion) in spending that includes shopping vouchers and elder-care subsidies is not enough to cover elevated prices from food to housing. Prime Minister Lawrence Wong delivered the budget on Feb. 18, which forecasts a second year of fiscal surplus.

https://www.bloomberg.com/news/articles/2025-02-22/singapore-budget-not-enough-to-manage-rising-costs-poll-finds

https://forums.hardwarezone.com.sg/threads/bloomberg-singaporeans-say-budget-not-enough-to-manage-rising-costs-poll-finds.7106779/

[Arctic]

A critic of sg gov wrote that gov should relook at the economic model instead of just giving handout and I wholly agree with that

Handouts is like a bandaid, not much use for long term

[Imboredtodeath]

i really think it's not just the handouts are bandaids

they are like shit this time round tbh

rly absolutely shit. if GE give this type of shit, u can see after they win what u will get

[Imboredtodeath]

i was expecting 600 x twice or something minimally

then other stuff

this budget is no diff just very barely minimally better than usual

[Risa]

more vouchers, higher the prices go

[BuiBuiForeverAlone]

More vouchers = more rising costs. Businesses see this as an opportunity to mark up prices.