Singapore will unveil its 2026 Budget on Thursday, the first fiscal plan of the government’s new five-year term. Parliament is scheduled to sit at 1:30 p.m. local time on February 12 for the Budget statement. Covering the financial year that begins in April, the plan follows stronger-than-expected economic growth in 2025, giving policymakers greater flexibility amid ongoing global uncertainty.
According to local media, the city-state is expected to introduce more targeted, strategic measures to help businesses navigate macroeconomic headwinds and heightened geopolitical tensions. Key areas of support are likely to include artificial intelligence, internationalisation, sustainability, and cost management.
Prime Minister and Finance Minister Lawrence Wong is also expected to address cost-of-living concerns and education, and to reiterate the government’s commitment to continual skills upgrading so Singaporeans can adapt to structural changes and capitalise on emerging job opportunities.
