Pritam Singh calls for 'report card' on Govt spending after record surpluses
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Workers' Party (WP) chief Pritam Singh has called on the Government to provide a comprehensive «record card» of its spending after «one of the largest fiscal surpluses in decades».Speaking in Parliament on Tuesday (Feb 24), Singh saidPritam Singh calls for 'report card' on Govt spending after record surpluses
Workers' Party (WP) chief Pritam Singh has called on the Government to provide a comprehensive «record card» of its spending after «one of the largest fiscal surpluses in decades».Speaking in Parliament on Tuesday (Feb 24), Singh said the political timing of the General Elections last May was «calculated» so that the ruling People's Action Party could use the US President Donald Trump's tariffs as a «rallying call» for voters to back the tried and tested. He said that since then, there has been little information of the tariffs and their actual impact on Singapore.«Despite the doom and gloom surrounding the Liberation Day tariffs, this PAP Government begins its new term with what may be the greatest fiscal surplus any PAP government has seen in decades.»In his Budget speech, Prime Minister Lawrence Wong said that Singapore's budget surplus for the 2025 financial year has been revised to $15.1 billion, more than double the earlier estimate of $6.8 billion.He cited several reasons for this, including a better-than-expected economic performance, as well as the increase in corporate income tax collections.














