Asked by a reporter if that means Budget 2025 could be an “election Budget”, Mr Wong said “the Budget will be what it is”.
“Potentially, it could be the last Budget in our term of government … but with any budget, whether it is in the beginning of the term or at the end of the term, we focus on our priorities in the near term.”
These include immediate issues of concerns that may arise, such as cost of living, but the government will also think beyond the horizon on matters like the investments and decisions needed to put Singapore in a stronger position, said the Prime Minister.
“It could be infrastructure. It could be tackling climate change. It could be our energy transition. It could be our economic strategies,” he said. “So these will be our priorities for the Budget.”
Convening the EBRC – the committee that reviews Singapore’s electoral boundaries – is a necessary step before calling a General Election.
Based on previous polls, a General Election could be called between four months and a year from the time the EBRC’s formation is announced.
The next General Election must be held by November 2025.