Public Policy

PSP Releases Their Economic Policy Proposal Ahead Of Budget 2020

PSP Releases Their Economic Policy Proposal Ahead Of Budget 2020

Among its economic policies were a "No To A GST Hike policy, as well as indicating that long term infrastructure projects in Singapore should no come at the expanse of an increase in taxes. PSP has said that they propose against raising any taxes or any other fees for the next five years, as Singapore has a strong financial standing to alleviate any costs to the citizens. PSP also said that long-term infrastructural projects, such as Changi Airport Terminal 5, should be based on the private firms' own financial and commercial merit, and not require tax increases to fund them.

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