
Beyond Fighting Climate Change: What’s The Use Of Carbon Tax In Singapore?
Carbon taxation is quite a controversial regulatory measure enacted by governments around the world, ostensibly to reduce CO2 emissions.
Carbon taxation is quite a controversial regulatory measure enacted by governments around the world, ostensibly to reduce CO2 emissions.
For the first time in about 40 years, the Singapore government is going to borrow money to finance some of its projects.
Thanks to sound financial management, Singapore doesn’t have to contemplate raising GST to 20%, which would be similar to Europe's VAT rates.
The Singapore government’s successful response to the virus has bought the country time and flexibility, which very few others have.