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Budget 2024: 1.6 million older Singaporeans to benefit from $8.2 billion Majulah Package

Singapore News - Some 1.6 million lower and middle income Singaporeans currently in their 50s and 60s will get more help to boost their retirement adequacy under the Majulah Package. The package was announced at the National Day Rally in 2023 and is expected to have a total lifetime cost of... Read more at www.tnp.sg

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SG Budget 2024: S$8.2B Majulah Package to support senior citizens and "younger seniors" health retirement needs

SG Budget 2024: S$8.2B Majulah Package to support senior citizens and "younger seniors" health retirement needs
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Budget 2024: S$3.6b deficit incurred in 2023 fiscal year despite higher-than-expected revenues, 'balanced fiscal position' expected this year

SINGAPORE — Despite a “better-than-expected” revenue collection in the 2023 financial year, Singapore incurred a fiscal deficit of S$3.6 billion, said Deputy Prime Minister Lawrence Wong in Parliament on Friday (Feb 16).

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