Singapore’s ambitious Budget 2024 focuses on economic resilience, sustainable development, and workforce enhancement through measures like the SkillsFuture Enterprise Credit extension and Enterprise Financing Scheme enhancements. It also includes green initiatives and proactive tax reforms to meet global standards.
Singapore Budget 2024: Building Economic Resilience
In a significant move to reinforce economic resilience and sustainability, Singapore’s Deputy Prime Minister and Minister for Finance, Mr. Lawrence Wong, unveiled the ambitious Singapore Budget 2024 on February 16, 2024. With global economic fluctuations and a pressing climate crisis, the Budget strategically addresses rising operational costs and the need for sustainable development, positioning Singapore as a competitive and green economy.
Enhancing Workforce Development
The extension of the SkillsFuture Enterprise…