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Budget 2021: S’pore To Set Aside $30M For EV-Related Initiatives – Raises Petrol Duty Rate

As part of the inter-ministerial Singapore Green Plan 2030 announced on Wednesday (February 10), the government said it would “make it easier to buy and own” electric vehicles (EV). The government has also highlighted its plans to expand the EV charging infrastructure to 60,000 by the end of 2030. This is double …

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Fortitude Budget: A Further $13 Billion Will Be Set Aside In Contingencies Funds

Each year, in the annual Budget, the government sets aside a total of $ 3 billion as a buffer in the Contingencies Fund and the Development Contingencies Fund to cater for urgent and unforeseen expenditure needs which have yet to be provided for under the Supply Act. With Covid-19, we …

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