Budget 2025: The "BTS" of Budget policy: Lens on Singapore

Ever wondered how Singapore's national budget comes together? From grocery vouchers to retirement savings, budgeting for a country is incredibly complicated. Just imagine the size of their Excel spreadsheet.

In this episode of Lens on Singapore, host Claressa Monteiro sits down with Andrew Blazey from the OECD and associate professor Terence Ho from the Singapore University of Social Sciences, to give us the inside view on the Singapore Budget.

Together, they dive into a recent report by the OECD, and discuss the importance of fiscal sustainability, Singapore’s unique budgeting process and how the government is adapting to our changing society and world.

Highlights of the conversation:

01:15 OECD’s report card on Singapore’s Budget process

03:15 Importance of fiscal policy

06:11 Singapore's unique budgeting system

13:17 How the Budget is being reformed

17:41 Communicating with younger Singaporeans

18:44 Future of budgeting in Singapore

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Now, we want to hear from you! Send us your questions, thoughts, story ideas, and feedback to btpodcasts@sph.com.sg. We’ll look into it for future episodes.

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Hosted by Claressa Monteiro, edited and produced by Claressa Monteiro and Emily Liu, and engineered by Chai Pei Chieh.

With Andrew Blazey, deputy head of Budgeting and Public Management, Organization for Economic Cooperation and Development; and Terence Ho, associate professor (Practice), Singapore University of Social Sciences.

A podcast by BT Podcasts, The Business Times, SPH Media

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