By Chang Yee Kwan

East Asia Forum-Jan 20, 2023

Several major developments marked Singapore’s socio-political landscape in 2022. The government’s annual budget affirmed a staged increase in the Goods and Services Tax (GST) from 7 per cent to 9 per cent over 2023 and 2024, along with other income and wealth tax increases — highlighting increased social spending needs amid an ageing population. Read more at: https://www.eastasiaforum.org/2023/01/20/combatting-the-cost-of-living-is-essential-for-singapore/ First published in East Asia Forum