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Singapore Budget 2015: Building Our Future, Strengthening Social Security, Clarence Goh, Felix Wong
Singapore Budget 2015: Building Our Future, Strengthening Social Security, Clarence Goh, Felix Wong
Research Collection School of Accountancy
Our Budget for FY2014 is expected to record a slightly smallerdeficit than what we had estimated a year ago. We had budgetedfor an overall deficit of $1.2 billion (or 0.3% of GDP). We nowexpect a very small deficit of $0.1 billion, close to a balancedposition.