SINGAPORE - Deputy Prime Minister and Minister for Finance Heng Swee Keat will unveil the annual Budget in Parliament on Tuesday, Feb 18, 2020.

The Ministry of Finance (MOF) announced the date in a statement on Wednesday (Jan 1).

Live television and radio coverage of the Budget will be available.

A live webcast will also be available on the Singapore Budget website, MOF said.

In a Facebook post on Wednesday, Mr Heng said that the Budget is a strategic financial plan to address near-term and long-term issues.

"Each Budget builds on past Budgets, and lays the groundwork for future Budgets. It also reflects our responsibilities as a nation, our hopes as a society and our priorities for our people," he wrote.

"As we come close to the end of a decade, Budget 2020 provides us with the opportunity to look back at Singapore's progress, draw on key lessons and plan our future to take Singapore forward together."

MOF said that the ongoing public feedback exercise is set to conclude on Jan 10, 2020 and it thanked Singaporeans for giving their views through Government feedback agency Reach or various feedback sessions.

The public can still give feedback to the ministry through the Singapore Budget website, the Reach Budget microsite and Reach's social media channels on Facebook and Instagram.

The Straits Times will be providing live coverage as Mr Heng announces the details in Parliament.

There will be livestreaming of his speech and a live blog on our website, as well as a Budget microsite and updates on our Facebook and Twitter accounts.

Readers can also sign up for e-mail updates of the proceedings.