18 Februari 2012

Singapore's Defence Budget to Grow 4% in 2012

18 Februari 2012

RSN's Victory class corvettes (photo : cyberpioneer)

Defence, Education & Transport ministries get bulk of budget expenditure

SINGAPORE: More money has been set aside for the Defence, Health and Transport ministries.

The Defence Ministry continues to top the expenditure estimates list with S$12.3 billion set aside, which is four per cent higher than last year's.

The Health Ministry gets S$4.7 billion - about 18 per cent higher than last year's figure.

There will be more spending to ramp up infrastructure such as hospitals and nursing homes, and more subsidies for healthcare institutions.

The Transport Ministry's expenditure will go up by 18 per cent to S$5.3 billion, for infrastructure development such as the downtown line (DTL) and new bus interchanges.

The Environment and Water Resources Ministry too, is getting a bigger budget of S$1.3 billion - up by about 16 per cent.

The bulk of the spending goes to major drainage and sewage projects.

The social sector is also getting a bump up.

The Community Development, Youth and Sports Ministry will see a 15 per cent increase in its expenditure to S$2.1 billion.

This goes into areas such as parenthood programmes, grants to voluntary welfare organisations and social assistance schemes.

The Home Affairs Ministry's expenditure will go up by 10 per cent to S$3.4 billion, where it's expected to beef up on resources for frontline policing.

(ChannelNewsAsia)

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