Heng Swee Keat to deliver Budget 2020 statement on 18 Feb

A live webcast of Deputy Prime Minister and Finance Minister Heng Swee Keat's Budget statement will be made available on the Singapore Budget website. (PHOTO: YouTube screengrab)

SINGAPORE — Deputy Prime Minister and Finance Minister Heng Swee Keat will deliver Singapore’s 2020 Budget Statement on 18 February.

A live webcast of the statement will be made available on the Singapore Budget website, said the Ministry of Finance (MOF) in a news release on Wednesday (1 January). MOF added that the full Budget Statement will also be made available on the same website after delivery.

Those looking for real-time Budget updates can follow MOF’s Facebook page and Twitter account.

In his New Year 2020 message, Prime Minister Lee Hsien Loong said that the global economic slowdown has affected Singapore despite the country having avoided a recession this year.

“In the upcoming Budget, we will support businesses to raise their productivity and build new capabilities. We will help workers, especially mid-career PMETs, to retrain, acquire new skills, find new jobs and stay employable,” said Lee, referring to professions, managers, executives and technicians (PMETs).

He added that Budget 2020 will also aim to help households with their cost of living and improve social safety nets that protect the poor, the elderly, and the vulnerable. 

Budget feedback phase ending soon

The ongoing Budget 2020 feedback phase will conclude on 10 January, said MOF in its release.

Those still looking to give their feedback can still do so through the following channels:

Members of the public can also give their views and suggestions at the following locations:




4 January 2020 (Saturday), 9.30am – 2.30pm

Tiong Bahru Community Centre

67A Eu Chin St, Singapore 169715

4 January 2020 (Saturday), 10.00am – 5.00pm

Bukit Panjang Community Club

8 Pending Road, Singapore 678295

4 January 2020 (Saturday), 9.00am – 1.00pm

Ci Yuan Community Club

51 Hougang Ave 9, Singapore 538776

4 January 2020 (Saturday), 9.00am – 6.00pm

Zhenghua Community Club

1 Segar Road, Singapore 677738 (Bukit Panjang)

4 January 2020 (Saturday), 7.00pm – 8.30pm


Block 480, Tampines Street 44, Singapore 520480

5 January 2020 (Sunday), 8.45am – 2.00pm

Radin Mas Community Club

51 Telok Blangah Crescent, Singapore 098917

Related story:

Singapore economy still growing but less vigorously: PM Lee Hsien Loong