Three principles to ensure intergenerational fairness in Budgets

Each Budget has implications for all generations of Singaporeans. What the Government decides to spend on today or not, what it decides to tax or not, and how much of the returns from reserves it decides to utilise - all have implications for Singaporeans across generations.

So how should we assess if Budget 2019 is fair to all generations?

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A version of this article appeared in the print edition of The Straits Times on March 02, 2019, with the headline 'Three principles to ensure intergenerational fairness in Budgets'. Print Edition | Subscribe