Singapore Inc. prepares for a new budget deficit despite its largest ordinary dividend to date

28th March, 2022
This week marks the end of FY2022 in Singapore, and its various state-owned investors are busy wrapping up the year. In February, the Government released the estimated budget deficit for the year (SG$ 5.4 billion), despite expecting to withdraw the highest ordinary dividend (known as NIRC) to date, at SG$...
This week marks the end of FY2022 in Singapore, and its various state-owned investors are busy wrapping up the year. In February, the Government released the estimated budget deficit for the year (SG$ 5.4 billion), despite expecting to withdraw the highest ordinary dividend (known as NIRC) to date, at SG$...

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