What's next in 2022

Rebuilding the economy amid recovery

Besides raising GST, ways to strengthen revenue resilience could include new wealth levies such as property gains tax and estate duties.

ST ILLUSTRATION: MIEL
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In 2022, there will be high hopes that the Singapore economy will fully emerge from the shadow of the coronavirus pandemic. It will be a year to consolidate the economy's recovery, accelerate its transformation and rebuild public finances.

Unlike in 2020 and 2021, there will be no outsized economic rescue packages, although some still-troubled industries such as aviation and tourism-related sectors will continue to need help, at least until travel curbs are eased.

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