Singapore's GST Increase: Is It Fair? | Talking Point | Singapore Budget 2022

Описание к видео Singapore's GST Increase: Is It Fair? | Talking Point | Singapore Budget 2022

The Singapore government will be progressively raising the nation’s goods and services tax, or GST, by 1% in 2023 and another 1% the following year, to reach 9%. This move comes as the nation faces rising inflation. Host Steven Chia finds out who bears the brunt of a GST hike, whether government support measures for the lower-income will be enough, and when inflationary pressures will taper off.

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About the show: Talking Point investigates a current issue or event, offering different perspectives to local stories and revealing how it all affects you.
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