“Budget 2023 to address cost-of-living concerns of S’poreans: DPM Wong” (ST, Jan 7)
12x the 2% GST increase revenue estimated at $3.5b ($44 divided by $3.5)
https://www.straitstimes.com/……/budget-2022……
– Fiscal balance of $44b (est.) last 2 decades (“average fiscal balance a year of” $2.2 billion x 20 years?)
https://www.straitstimes.com/…/pofma-correction-orders…
48x the 2% GST increase revenue estimated at $3.5b
– $169.9b 2005 – 2021 Special Transfers, Top-ups To Endowment And Trust Funds
https://data.gov.sg/dat…/government-fiscal-position-annual
73x the 2% GST increase revenue estimated at $3.5b
– “Public Finance – Government Revenue and Expenditure – Government Finance Annual” – the Cash Surplus was $257.8b from 2005 to 2021
https://tablebuilder.singstat.gov.sg/table/TS/M130611