Budget 2017

Budget in 5 minutes

Budget 2017 seeks to prepare Singapore for an uncertain future. For the first time in nearly 20 years, water prices have been hiked to reflect the cost of water production. But workers are getting more retraining support while there are measures to help firms grow and innovate. Families and households are not left out too. Charissa Yong and Chia Yan Min highlight key takeaways from this year's Budget speech.

SPH Brightcove Video
Finance Minister Heng Swee Keat made his first major policy speech since recovering from a stroke. Journalist Bridget Tan shares some of the perks in store for Singaporeans in the coming financial year, along with some not-so-great news.

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A version of this article appeared in the print edition of The Straits Times on February 21, 2017, with the headline Budget in 5 minutes. Subscribe