SINGAPORE’S Finance Minister Lawrence Wong says the 2024 budget will boost spending to counter inflationary pressures on households and businesses in the city-state as its economic outlook remains mixed.The prime minister-in-waiting of one of the world’s most expensive countries told parliament yesterday, he was cautiously optimistic 2024 would be a better year.
“While we expect the inflation situation to improve this year, there are uncertainties in the outlook,” he said.