Last year, Circus Social brought you the highlights from the Singapore Budget 2020, and we’re now back with Budget 2021!
At the Singapore Budget 2021 speech on 16th February, Deputy Prime Minister and Finance Minister Heng Swee Keat announced a suite of initiatives to help Singapore emerge stronger from the COVID-19 pandemic.
Using our digital intelligence software 20/Twenty, Circus Social took a deep dive into social media data in Singapore, uncovering netizens’ opinions about the newly-announced initiatives.
Can Money Buy Happiness?
According to the reactions from Singaporeans towards the Household Support Package, not quite. While some were pleased that lower-income families would receive an increase in financial assistance, others in higher income brackets were unhappy about being left out.
Bye Bye, Online Shopping?
The announcement of an increase in GST for imported goods drew the highest volume of negative reactions. Online shoppers were unhappy with the prospect of needing to pay additional GST on top of their shopping and shipping expenses.
Recognising Our Frontliners
The enhancement of salaries for nurses and healthcare workers was met with positivity, as many felt that frontline workers deserved a more tangible show of gratitude.