Singapore’s ruling party will strengthen before polls

Significance On the same day, the trial of opposition Workers’ Party (WP) leader Pritam Singh, who is accused of lying under oath to a parliamentary committee, concluded. Last month, the Monetary Authority of Singapore (MAS) forecast solid economic growth for 2024 and 2025. Impacts Both the ruling party and its opponents will launch campaigns to attract younger voters. The budget for the fiscal year beginning April 2025 will focus on addressing concerns surrounding the cost of living and job security. Singapore will count on investment incentives to help it retain its position as a major global business hub.