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The Government of Singapore invests heavily in education to equip citizens with the necessary knowledge and skills to compete in the global marketplace. [2] Singapore currently spends around a fifth of its national budget on education. [3] To boost its economic standing, the Government of Singapore created a mandate that most Singaporeans learn ...
Education spending usually makes up about 20 per cent of the annual national budget, [7] which subsidises state education and government-assisted private education for Singaporean citizens and funds the Edusave programme. Non-citizens bear significantly higher costs of educating their children in Singapore government and government-aided schools.
This list shows the government spending on education of various countries and subnational areas by percent (%) of GDP (1989–2022). It does not include private expenditure on education. It does not include private expenditure on education.
A government budget is a projection of the government's revenues and expenditure for a particular period, often referred to as a financial or fiscal year, which may or may not correspond with the calendar year.
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 .
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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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