Singapore Budget Filled with Handouts Ahead of Elections

CNBC, 18 Feb 2011
Singapore unveiled a budget on Friday filled with handouts for poorer citizens, with an eye on elections that may be called as early as the second quarter.
Measures for the upcoming financial year included a package of benefits for Singaporeans worth S$6.6 billion ($5.2 billion), as well as lower income taxes for all middle-income families in the city-state, Finance Minister Tharman Shanmugaratnam told parliament in his budget speech. Full story
Singapore Plans $5.2 Billion Benefits Package for Citizens - MarketWatch

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