Budget 2008

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Finance minister Tharman presented the Budget 2008 package in parliament today. The budget statement was a highly anticipated one, in face of rising prices and cost of living and the impending downturn in global economy.

It was good news for all Singaporeans, especially those from lower- and middle- income families. I shall not dwell at length on the details of the Budget package here as the statistics and figures are lengthy.

To sum up the budget package: it is a good package for Singaporeans amidst the rising costs of living.

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