07-February-2026
Economy News
 
Singapore Budget May Be Less Generous Amid Resilient Growth
06-Feb-2026

Singapore is expected to unveil a fiscally conservative budget next week, focusing on balancing robust growth with longer-term fiscal discipline after elevated support for households in 2025. Bank of America, Maybank and DBS forecast an overall fiscal surplus ranging from 0.3% to 1% of GDP, with economists widely expecting the government to adopt a cautious approach amid a positive economic outlook. The Finance Ministry will likely adopt a cautious fiscal stance due to sanguine growth conditions and anticipation demand in the economy is likely to be stronger than supply over the next few quarters, Bank of America economists said.

News Source:- https://money.usnews.com/investing/news/articles/2026-02-05/singapore-budget-may-be-less-generous-amid-resilient-growth