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Singapore assessing growth forecast as trade war risks loom

Singapore is retaining its GDP growth forecast for this year at 2.5% to 3.5%, 'but any trade tension that sets back globalization will affect everyone', says the city-state's finance minister

4 min read6 Nov 2018

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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