In 2024, the fiscal budget has been announced by the Vice Premier and Minister of Finance Huang Xuncai in Congress. Except for the "New Year's Red Envelope" of 600 yuan neighborhood shopping malls that all citizens like to see, the budget is also focused on "work together to create the future."Low -income families, young couples and silver -haired people have benefited; for small and medium -sized enterprises that worry about rising operating costs, the budget also launched 1.3 billion yuan of "corporate assistance supporting" in a timely manner.This year's budget is basically an inclusive governance that makes the public generally feel "a bit sweet".
Because of this, there is a discussion of "the government's money is approaching the election".I personally think that this is a balanced budget of "Entering the attack, retreat and retreat", which is not a so -called election budget.One of the reasons is that Singapore is a mature society. Social development spending has increased year by year. In the past five years, it has been close to 50 % of the total budget expenditure. Compared with 36.6 billion yuan in 2019, this year has risen to 56.1 billion yuan.Secondly, Huang Xuncai emphasized in the Congress statement. Compared with the financial deficit of about 3.5 billion yuan in 2023, this year's fiscal revenue and expenditure is expected to have a small surplus of about 800 million yuan.This is also a consistent financial discipline of the People's Action Party government: quantitatively, cautious expenses, and crisis in the crisis of use of backup fiscal resources and policy tools.
As a democratic country, the DAP is not Singapore's "10,000 -year -old ruling party". It must go through the national election every five years to obtain the national voting authorization and form a new government.However, Singapore has the uniqueness of the small country at the same time. Since the founding of the country, the government has not blindly "glycoged money" for a 10 -year financial plan for Singapore for 10 years or even 50 years.Just as Premier Li Xianlong's summary and evaluation of this year's budget case: The government can do these things for the people to seek welfare for the people because everyone work hard, take cautious expenses, accumulate the required resources, and strive for "a good future every year."
As a small country that lacks natural resources and geographical hinterland, Singapore depends on the foundation of survival and development. On the one hand, it is a high -quality human resources. Therefore, while ensuring the level of high -quality basic education, it improves national work skills and encourages lifelong learning.It has always been the focus of government budgets over the years.On the other hand, it is a national reserve by Congress Member, Lian Ronghua, who is called the "Guo Guo Shenshan".It is the government's responsibility to manage the country's resources and invests cautiously in financial management that there is a financial reserve accumulated from the generation of Singaporeans.Chips.
In the palace of Congress, the opposition and the ruling party conducted an offense and defense on the national reserve project.The Singapore's Ahead of the Communist Party of China proposed the government's motion to "review the current budget and the accumulation of national reserve accumulation", and for the reason that "the reserve is the people's money, there is no reason not to let everyone know how much their deposits are."The total reserves of the reserve.If similar scenes occur in other democratic countries, the relevant government will be in the dilemma of asking for demands to fall into the left branch.
The APMP also estimates that the total national reserves have reached at least 1.2 trillion yuan based on public financial data.If the populist thinking of "My money is dominated by me", 1.2 trillion yuan "rich" to 3.61 million Singapore citizens, each person can get at least 330,000 yuan, a normal family of four, instantlyRealize the pinnacle of "millionaires".It is no wonder that some politicians are constantly trying to manipulate civilian, trying to get political interests in the next election.
Premier Li Xianlong as a politician with 40 years of political experience, and personally participated in the establishment of the "Second Key" presidential system of the establishment of a national reserve "second key".enough?Regardless of the size, the country must have a sense of sorrowful sorrow. The next X virus epidemic, or even the next war threat, is not impossible to happen not far away.
The Russian and Ukraine War is the best example.The flames of the two countries for more than two years, Ukraine is far inferior to Russia in the country's economy and population. It must rely on economic assistance from Western countries and NATO military weapons assistance to form a stalemate battlefield with Russia.Ukraine has recently suffered a defeat in the Battle of the Afdica in a military town. The key factor behind it is that the U.S. Congress did not pass the Ukrainian military aid bill of $ 60 billion, resulting in a shortage of Ukraine frontline weapons and artillery shells.In today's chaotic world, a country's backward economy may be eaten by weak meat in other countries; without its own financial reserves, you can only reluctantly relieve the destiny of the country in the timely and abundant military assistance of other powers.
"The money is spent, it is gone" is a very simple folk wisdom. It is enlarged to the national level. After several national reserves accumulated by Singaporeans, if you do not get cautious and responsible management, seemingly huge reserve reservesThere are also exhausted risks.If the assets are zero and the debt is left, how can our generation of Singaporeans face the future crisis and how to face the young and younger generations?
The author is the president of the Asia -Pacific Regional Enterprise Group
