International Business & Economy Yahoo poll shows Singaporeans are mostly unimpressed by Budget 2019

Yahoo poll shows Singaporeans are mostly unimpressed by Budget 2019

Most Singaporeans feel that the budget was listless despite the Bicentennial Bonus and the Merdeka Generation Package

Author

Date

Category

- Advertisement -

A Yahoo Singapore poll conducted on the heels of Finance Minister Heng Swee Keat’s Budget 2019 speech shows that Singaporeans are mostly unimpressed by the budget, despite goodies like the Bicentennial Bonus and the Merdeka Generation Package that were announced ahead of what many perceive to be an election year.

On Monday, Heng Swee Keat laid out the Government’s economic plan for 2019. As expected, the ruling party politician gave details on the Merdeka Generation Package that Prime Minister Lee Hsien Loong promised in his National Day Rally speech, last year.

Adding fuel to speculation that the next General Election may be held as early as this year, Heng also announced a Bicentennial Bonus that involves a one-off cash sum component. He also announced conservancy rebates and initiatives like the slashing of the foreign worker quota for the services sector.

Singaporeans, however, are not as jubilant as the Government may have hoped they would be. A poll conducted by Yahoo Singapore shows that only 4 per cent of 1,450 respondents felt that Budget 2019 was “great” while 7 per cent felt the budget was “good”.

- Advertisement -

A hefty 78 per cent out of 1,450 respondents did not feel Budget 2019 was so great. 34 per cent felt that the budget was only “average” while most (44 per cent) of the 1,450 respondents felt that the budget was “bad”.

11 per cent of all respondents said that they did not care about Budget 2019:

Netizens responding to the poll on Yahoo’s platform added that it seemed as though the Government does not care about the rising costs of living and that one-off cash vouchers do not extinguish the root causes of many difficult situations Singaporeans find themselves in.

Others said that this year’s budget appeared to be a “self-serving” one:

Netizens responding to Budget 2019 on Facebook also criticised the Government’s tax policies, foreign worker policies and what is widely perceived to be a push for senior citizens to work longer so they can earn more for retirement:

Follow us on Social Media

Send in your scoops to news@theindependent.sg 

- Advertisement -

Cap of 5 people for social gatherings and household visits; Lawrence Wong warns of possibility of another circuit breaker

Singapore -- Octets out, quintets in. Social gatherings will be limited to five people, no more groups of eight. New restrictions are coming into place from May 8 to May 30 to curb the Covid-19 spike in Singapore. The new restrictions will take...

MOH asks hospitals to delay non-urgent surgeries to conserve resources for Covid patients

Singapore— With Covid-19 cases rising, the Ministry of Health (MOH) asked hospitals on Monday (May 3) to delay non-urgent surgeries and give priority to the treatment of Covid patients. In a statement, MOH said it is "working closely with all public and...

5 KTPH staff disciplined for ‘error’ that led to unnecessary treatment of breast cancer patients 

Singapore—Five staff members of Khoo Teck Puat Hospital (KTPH) have been disciplined for a laboratory incident that led to inaccurate test results and unnecessary treatment for some breast cancer patients. The staff members were disciplined for "not adequately performing their duties and...
Follow us on Social Media

Send in your scoops to news@theindependent.sg 

Theindependent