Singapore to Focus on Health, Infrastructure in Budget, Minister Says

The video discusses the priorities of Singapore's new leadership team, focusing on maintaining stability, transforming the economy, and investing in education and healthcare. It addresses revenue sources, including a planned GST increase, and highlights the importance of adapting to global economic changes. The speaker outlines their leadership style, emphasizing collaboration and leveraging the expertise of a well-educated population. The upcoming budget will focus on healthcare and digital economy initiatives, particularly supporting small and medium enterprises.

What are the primary goals of Singapore's new leadership team?

• To reduce taxes

• To focus solely on healthcare

• To maintain strength, security, and stability

• To increase military spending

How does Singapore plan to support increased spending in key areas?

• By raising GST from 7% to 9%

• By reducing healthcare services

• By increasing corporate taxes

• By cutting education budgets

What is a key aspect of the new leadership style in Singapore?

• Focusing on traditional methods

• Relying on a well-educated population

• Centralizing decision-making

• Ignoring global economic changes

What is a major focus of the upcoming budget in Singapore?

• Decreasing investment in technology

• Cutting support for small enterprises

• Introducing the medical generation package

• Reducing digital infrastructure

How does Singapore plan to help small and medium enterprises?

• By limiting their access to technology

• By supporting them in the digital economy

• By increasing their tax burden

• By reducing their workforce