Budget 2020: Less Than Meets The Eye


Academic Views

Linda Lim, Professor Emerita at the Stephen M. Ross School of Business, questions whether the latest annual Budget adequately addresses the need for long-term economic transformation in Singapore. There is much to approve of in DPM Heng Swee Keat’s 2020 Budget.   First, running a budget deficit (revenues less than expenditures) is appropriate to prop up […]

February 25, 2020