Parliament Discusses Budget Allocations and Support for Families in Singapore

On 26 February 2024, Members of Parliament (MPs) engaged in an extensive debate regarding the Government’s Budget, focusing on the rising cost of living, the impact of the Goods and Services Tax (GST) hike, and measures to support families and the elderly.

The GST Hike and Fiscal Health

This year’s Budget debate began with over 54 MPs expected to voice their opinions, reflecting the Government’s intent to tackle pressing issues as part of its financial strategy.

MP Pritam Singh, Leader of the Opposition, expressed concerns over the GST increase amidst the Government’s