Budget 2026, largest to date, passed against backdrop of global uncertainty: Indranee Rajah
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Budget 2026's Committee of Supply debates have ended with the passing of the largest annual budget in Singapore to date of over $207.9 billion.This is amid the backdrop of a changed world global uncertainty, Leader of the House Indranee Rajah said in ParliameBudget 2026, largest to date, passed against backdrop of global uncertainty: Indranee Rajah
Budget 2026's Committee of Supply debates have ended with the passing of the largest annual budget in Singapore to date of over $207.9 billion.This is amid the backdrop of a changed world global uncertainty, Leader of the House Indranee Rajah said in Parliament on Friday (March 6).«The international order that underpinned stability and prosperity for over nearly eight decades is breaking down,» she said.«Geopolitical tensions have increased, the multilateral system that had served us well has weakened. More countries are resorting to unilateral action. The rule of law is under strain with the resurgence of a might is right approach.»Budget 2026 is therefore presented as an action plan for Singaporeans to navigate this changed world and secure their future, she added.In order to do so, Singaporeans must make use of the resources available.One key aspect discussed in Budget 2026 was artificial intelligence (AI). Read more
