Singapore expects budget surplus of S$3.4 bln in FY 2016/17

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SINGAPORE, March 24 – Singapore is likely to
record an overall budget surplus of S$3.4 billion ($2.48
billion) or 0.8 percent of gross domestic product in fiscal
2016/17 starting on April 1, Finance Minister Heng Swee Keat
said on Thursday.
For fiscal…

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