Placeholder Image

Subtitles section Play video

  • medicine.

  • Top ups, household benefits business relieves Antec schemes How does the government plan is revenue and spending each year?

  • It all comes down to syrup pause and old budget.

  • Before the government approves the budget, it considers what are the current national priorities?

  • How are finite resource is to be allocated are the plant sustainable and what tradeoffs need to be made?

  • The approved budget is presented by the minister for finance to parliament before the start off each financial year.

  • Next parliament sits as a committee of supply to review each ministries requests for funds that proposed programs I examined and debated and parliament concludes, bypassing the supply bill.

  • Upon receiving the president's ascent, the bill becomes a supply act, a law which controls the government spending in the new financial year.

  • And that's housing Deposit budget is determined every year.

  • Now, did you know that Singapore is required under the constitution to keep a balanced budget over each term of government?


Subtitles and vocabulary

Operation of videos Adjust the video here to display the subtitles

B1 budget parliament government supply financial spending

Budget 2020: The National Budget Process

  • 6 0
    林宜悉 posted on 2020/03/19
Video vocabulary