MOF launches open call for feedback on Singapore Budget 2025

MOF launches open call for feedback on Singapore Budget 2025


THE Ministry of Finance (MOF) on Monday (Dec 2) announced an open call for public feedback for Budget 2025, which is scheduled to be presented in February 2025.

The Budget is prepared for each financial year, which begins on April 1 and ends on March 31 the following year.

For six weeks until Jan 12, 2025, Singaporeans may offer their views and provide suggestions on a range of themes for the upcoming Budget 2025 via online channels and physical platforms. 

Individuals, organisations and businesses are invited to weigh in on themes such as SG60: Building Our Singapore Together, developing a more vibrant business ecosystem, providing opportunities for skills upgrading and jobs for workers, and supporting Singaporeans across different life stages. 

Feedback will be collected via online channels such as the Singapore Budget website, the People’s Association (PA) Ask Kopi Kakis #shareyourviews webpage, as well as the Budget 2025 microsite and Instagram and Facebook pages of Reach, the Ministry of Digital Development and Information’s national feedback and engagement unit. 

The option of providing feedback through physical means will be available as well.

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The PA and its grassroots organisations will convene physical touchpoints across heartland areas to collect feedback while Reach will hold a physical listening point on Jan 9, 2025, between 11.30 am and 2pm at One Raffles Place. 

Further details of Budget engagements by Reach are found on the Reach Budget 2025 microsite and details of the Ask Kopi Kakis #shareyourviews engagement are available on the PA webpage. 

At a press conference on Nov 8, Prime Minister and Finance Minister Lawrence Wong said that the focus areas for Budget 2025 would include economic strategies and jobs, as he acknowledged that the cost of living remained a “key concern for many”.

He said then that one theme of Budget 2025 would be training, skills and jobs for workers, while another is Singapore’s economic strategies for its next bound.

“A strong economy remains critical in improving living standards for all Singaporeans,” he said.

“I am committed to engage and to listen, to review, change and reset policies where needed, so that together we can take Singapore forward, towards a fairer, brighter and more inclusive future,” he said.



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