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Commentary
Budget 2026 and the trouble with billion-dollar surpluses
The Republic’s fiscal discourse might be the envy of the developed world – but it demands honesty from government and citizens alike.
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Healthy fiscal debates acknowledge that there is no running away from trade-offs.
PHOTO: ST FILE
Reasonable people from any of the world’s major developed economies looking at how Singapore debates its fiscal policy
Right-minded commentators, whether in New York or London, do not ask for much.
