Tag: Healthcare spending may reach 3.5% of GDP in 2030

Healthcare spending may reach 3.5% of GDP in 2030

March 5, 2012

SINGAPORE – Finance Minister Tharman Shanmugaratnam said a key challenge to sustaining a fair and progressive tax system in Singapore is healthcare spending. Wrapping up the Budget debate in Parliament, he said healthcare spending is going to be biggest driver in the increase in expenditure over the next ten to 20 years. He said Singapore […]

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