Singapore Budget 2021

The 2021 Singapore Budget which was delivered yesterday remains expansionary with an overall expected budget deficit of S$11 billion in financial year (“FY”) 2021. The Government will continue COVID-19 support measures worth S$11 billion to targeted industries which continue to be affected such as aviation and tourism.

A full summary of the proposals from Pioneer Associates can be found at the following link:

http://www.pioneerassociates.com.sg/pdf/singapore-...