Balancing the Budget: Revenue & expenditure

Singapore is required under the Constitution to keep to a balanced Budget over each term of Government. For FY 2016, the overall Budget balance is projected to be a surplus of $3.45 billion. Social development spending made up almost half of the Government's expenditure for 2016, while a large portion of the operating revenue came from corporate income tax, personal income tax and goods and services tax.

Social development spending accounts for almost half of the Government's expenditure for 2015. Meanwhile, spending on public transport has also significantly increased.
Welcome to The Straits Times budget breakdown.Would you like some tips to get started with ourinteractive charts on 2016 expenditure and revenueestimates?YES, PLEASENO, THANKS
Expenditure estimates are sorted into fourmain categories.Hover your mouse over the chart to reveal moreinformation and quickly compare this year’s figureswith previous years.NEXT
Then, click the button ‘See Breakdown’ to go see thenext level of estimates, which in this case is abreakdown for each government ministry.NEXT
You can also search for something particular with thesearch bar.And, you can change the view from whole numbers topercentages to help you compare differences withprevious years.Or, just use the quick comparison calculatorunderneath to compare with previous years.NEXTservices
Finally, if you would like to see the biggest and smallestchanges from 2015, you will find these right here.Go ahead and explore the revenue chart belowtoo which works in the same way.EXPLORE
A large portion of the Government's operating revenue comes from corporate income tax. The Government announced in 2015 that it will include Temasek Holdings as a contributor to its Net Investment Returns (NIR).
Note: Numbers for Budget 2016 are estimated.