Budget 2019 Not Planned As An Election Budget, Says Heng Swee Keat
The Budget is not planned based on election cycles, said Finance Minister Heng Swee Keat on Tuesday (February 19).
Mr Heng was responding to a question in a post-Budget television forum, where he was asked about what he would say to those who described Budget 2019 as an election budget.
“If they mean that they are very happy with the Budget then I’ll say that is good, but I don’t plan on that basis,” he said.
He added that the Budget planning process involves a “very long list of requests”, which will then be whittled down to a few priorities following pre-Budget meetings with various ministries and discussions with ministers.
During the forum, some in the audience pointed out that there were glaring omissions in the Budget. These include policies concerning housing, the country’s birth rates and providing support for coping with rising living costs.
Mr Heng said that it is not possible for one Budget to “tackle A to Z”. Instead, each Budget has to address different priorities.