Parliament will next debate the Budget and the spending plans of various ministries from Feb 22 to March 6.

Synopsis: In this episode, you will hear audio highlights of Budget 2023, as delivered by Deputy Prime Minister and Finance Minister Lawrence Wong on February 14.

He announced more support measures and payouts to help households, workers and businesses deal with inflation in his Budget speech. DPM Wong loosened the Government’s purse strings in a $123.7 billion proposal - about 18.2 per cent of Singapore’s GDP.

Highlights (click/tap above):

0:43 More help for prioritised first-timers to secure BTO flats

3:00 Baby Bonus cash gifts

6:50 More payouts from Assurance Package; new Cost-of-Living Special Payment

9:45 CPF monthly salary ceiling to be increased to address future retirement needs of ageing population

More Singapore Budget 2023 stories and full details at: www.straitstimes.com

Audio courtesy of Parliament of Singapore

Produced by: Ernest Luis ([email protected]), Hadyu Rahim and Teo Tong Kai 

Edited by: Hadyu Rahim

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