Singapore Budget 2026

Singapore Budget 2026

Strong finances give S’pore a strategic advantage in an uncertain world: PM Wong

Singapore’s fiscal position provides the city-state with the wherewithal to invest in its economy and people, he added.

Prime Minister Lawrence Wong speaking in Parliament on Feb 26.

PM Wong assures Singaporeans that there will be no jobless growth amid AI push

Wage growth, not one-off handouts, key to tackling cost pressures: PM Wong

New life-cycle funds suited for CPF members with longer investment horizon: Financial experts

News analysis

PARF changes likely to spur more COE renewals, tilt balance further towards EVs

Revised PARF rebate scheme makes EVs even more attractive to car buyers, by hitting non-EVs more..

News analysis

AI emerges as cornerstone of Singapore’s new economic playbook

Experts believe AI’s transformational force will lift economic growth to the upper end of the 2 per cent to 3 per cent annual average Singapore has historically achieved.

$15.1b budget surplus reflects uncertain economy, cyclical windfalls, say economists

The difference between the government’s estimate and the eventual budget surplus reflects Singapore’s exposure to global profit cycles, said one economist.

Firms and HR professionals support Budget 2026’s push for strong Singaporean core in workforce

Industry players say Budget 2026 measures reinforce the Government’s focus on quality over quantity when it comes to workforce planning.

Navigating AI

PM Wong to chair new National AI Council; national AI missions to drive transformation in key sectors

The national AI missions will be rolled out in the advanced manufacturing, connectivity, finance and healthcare sectors.

The new inter-ministerial council will launch and drive AI missions in four key sectors at a national level to unlock its competitive advantage in a changed world.

Budget 2026: 6 ways S’pore will invest in building its AI strengths

6 months’ free access to premium AI tools for S’poreans who take up selected training courses

Beyond ambition: What it will really take for Singapore to become an AI hub

Support for Singaporeans

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$500 CDC vouchers for all Singaporean households in Jan 2027

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New $500 payout for ComLink+ families, more cash support in current packages

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$500 Child LifeSG credits for S’porean kids 12 and below; more to get pre-school subsidies

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$50m set aside to fund ground-up community projects in Singapore

Jobs and skills

SkillsFuture Singapore, Workforce Singapore to merge into new statutory board

This move aims to create a more integrated ecosystem for jobs and skills.

The move aims to create a more integrated ecosystem for jobs and skills, and one that can better respond better as the economy faces rapid structural shifts.

More support for lower-wage, mid-career and older workers

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Salary threshold for new Employment Pass applicants to be raised to $6,000 from 2027

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Help for businesses

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Budget 2026: 5 measures to help S’pore businesses, from tax rebates to going international

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Tax rebate and enhanced grants for firms to deal with competition, costs

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PM Wong outlines plan to keep S’pore a global innovation hub; growth areas include quantum tech

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S’pore equities market to get additional $1.5b boost

Support for seniors

CPF top-ups for seniors with lower savings; higher CPF contributions for senior workers

CPF contribution rates for workers aged above 55 to 65 will be increased in 2027.

Older Singaporeans with lower CPF retirement savings will receive a one-time top-up of up to $1,500 in December 2026.

CPF Board to introduce new investment scheme in 2028

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3 things CPF members should know about the new investment scheme

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Views

Budget 2026: Singapore wants to leap from Smart Nation to AI Nation. The hard part starts now

Lin Suling

Budget 2026: CDC vouchers tell only half the story about giveaways

Bhavan Jaipragas

Budget 2026: Singapore’s SkillsFuture reset must go beyond just AI readiness

Terence Ho

New flight plan for CPF savings: Long overdue, but may not suit everyone

Christopher Gee

Interactive

Singapore Budget 2026: A step to secure the future

A breakdown of estimated revenue and spending in the $154.7 billion Budget.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.