Breaking Down Singapore Budget 2019

Singapore’s Budget 2019 introduced several significant measures aimed at economic restructuring, supporting the Merdeka Generation, and celebrating the nation’s Bicentennial. In this detailed panel discussion, experts including NUS Business School’s Professor Sumit Agarwal, UOB Senior Economist Alvin Liew, PwC Singapore’s Chris Woo, Singapore Business Federation’s Ernie Koh, and Moody’s Christian De Guzman break down the key highlights and implications of the budget.

Economic Restructuring

The panel examines the ongoing efforts to transform Singapore’s economy. Professor Agarwal and other experts discuss strategies for enhancing productivity and competitiveness, and how these measures align with broader economic goals.

Merdeka Generation Package

The discussion also covers the Merdeka Generation Package, designed to provide support and recognition for Singaporeans born between 1950 and 1959. The panel assesses how this package will benefit the elderly and address their healthcare needs.

Bicentennial Bonus

Finally, the experts delve into the Bicentennial Bonus, a special initiative to celebrate Singapore’s 200 years of history. They explore how this bonus will impact various segments of the population and contribute to national cohesion.

This episode offers a comprehensive overview of Singapore Budget 2019, highlighting the key measures and their potential impact on the country’s future.