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Singapore Raises Wealth Taxes, GST To Chart Post-Covid Future

11 mins·07:30, 21 Feb 2022
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Singapore Raises Wealth Taxes, GST To Chart Post-Covid Future

11 mins
·
07:30, 21 Feb 2022
·

Guest: Lee Ju Ye, Economist, Maybank Investment Bank

Singapore has unveiled its budget for the year last Friday and it plans to boost income and property taxes, also GST to hike over 2 years, amongst other things being announced. But will the budget be able to address the rising inequality in Singapore as well as restore its coffers sustainably? Lee Ju Ye, Economist, Maybank Investment Bank shares her thoughts on this. Image credit: EPA-EFE

Presenter: Wong Shou Ning, Shazana Mokhtar, Tan Chen Li

Producer: Sim Wie Boon

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