12 Feb '11, 10pm

Be realistic about Budget goodies: DPM Teo: DEPUTY Prime Minister Teo Chee Hean on Saturday called on Singaporea...

Mr Teo, who is also Defence Minister, was speaking at a Chinese New Year party in Pasir-Ris Punggol GRC where he is an MP, a week before the Government is due to unveil its Budget on Feb 18. -- ST PHOTO: ALPHONSUS CHERN DEPUTY Prime Minister Teo Chee Hean on Saturday called on Singaporeans to be realistic in their expectations of Budget goodies as, even in good years, it is important for the Government to save in readiness for future uncertainties. After doing so, it will share the fruits of growth with the people, he said. 'We need to keep our expectations realistic. One of the reasons why we've been able to come through the financial crisis well is because we've always put some money aside. We've never spent everything that we have,' he said. Mr Teo, who is also Defence Minister, was speaking at a Chinese New Year party in Pasir-Ris Punggol GRC where he is an MP, a week ...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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