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Every year, the MOF prepares the Singapore Budget and the Minister for Finance presents the Budget to the Parliament before the new financial year begins. The Budget includes the revised Government revenue and expenditure projections for the current financial year as well as the planned government revenue and expenditures for the following ...
A government's budget is a comprehensive financial plan that outlines its priorities and objectives for a given period. As a policy document, a government's budget is designed as a plan for implementing its policy. Traditionally, budgets served as a more rigid tool to implement policy in a retrospective setting.
The government budget is both a product of government administration and political democratization. [7] The emergence of the capitalist mode of production and the high level of development of the commodity economy led to an expansion of the state's financial resources and a massive increase in both revenue and expenditure.
Government debt (also known as public debt or national debt) is money (or credit) owed by any level of government; either central or federal government, municipal government, or local government. Some local governments issue bonds based on their taxing authority, such as tax increment bonds or revenue bonds .
In March 2001, the Embassy of the People's Republic of China in Singapore announced that MDIS is a recognised educational institute in China. To date, MDIS has helped almost 3,000 foreign students attain academic qualifications through its courses. MDIS was accorded charity status on 23 August 1996 under the Charities Registration Act, 1994.
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The Singapore Institute of Management (SIM) is a private tertiary education institution in Singapore. Founded on 28 November 1964 by the Economic Development Board (EDB), SIM is registered under the Committee for Private Education (CPE). [1] SIM offers diploma, transnational undergraduate and postgraduate programmes, and executive education ...
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