Budget 2006

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Budget 2006 was just released yesterday and my hopes for ARF reduction did not materialise. Without ARF reduction, it appears that my target threshold of S$35,000 for Toyota Vios is not going to be breached so soon. Termed as the Progress Package where PROGRESS stands for Providing Opportunities through Growth, Remaking Singapore for Success, it holds no major perks for me.

However, after looking into the budget, albeit not in great detail, I do like it despite not getting much from it personally. The focus on those who need assistance and trying to ensure that help is rendered only to those who help themselves is the main factor.

Let's hope this budget will work its magic and propel Singapore to greater heights, economically and socially.

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