Macroeconomic Policies of Singapore

Post on 17-Jan-2017

302 views 0 download

Transcript of Macroeconomic Policies of Singapore

Macroeconomic Policies

MONETARY POLICY

Monetary policy

Terminology

MAS & MDD

MAS

Exchange Rate

Management

Management

Management

Planning

Exchange Rates

SUPPLY SIDE POLICY

Supply side policy

Measures

Increase labour productivity

Support private sector

Gov’t spending on infratstructure

SG Chief Characteristics

Cuts in tax rates

Use of tax and financial incentives

Work incentives

Entrepreneurship spirit

Infrastructure & services

Deregulation

FISCAL POLICY

Fiscal Policy

Expenditure

Our Approach

Challenges

Tax Policies

Corporate Income Tax

Personal Income Tax

Goods and Services Tax

References

THANK YOU