Singapore Announces 2011 Annual Budget
SINGAPORE – FEBRUARY 18: A store owner cuts and weighs meat at the Tekka market on February 18, 2011 in Singapore. Finance Minister Tharman Shanmugaratnam today delivered the 2011 Singapore budget. The budget delivered packages worth some S$6.6billion in benefits for households in the lower and middle classes counteracting the rise in living costs, including higher food prices and increased house prices. The budget also focused on productivity with an aim to increase the personal income of Singaporeans by 10% over 10 years. (Photo by Chris McGrath/Getty Images)
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