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The 2016 Budget was delivered by the Minister for Finance Heng Swee Keat on 24 March 2016. This was his first budget as Minister for Finance and it was appropriately themed "Partnering for the Future," in charting Singapore's next phase of development. While there will not be drastic changes to Singapore's economic policy, smaller changes will be introduced to address concerns about a slowing economy, as Singapore embarks on a journey to transform its economy through innovation and enterprise.
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