As Singapore prepares for Budget 2025, all eyes are on the government’s plans to tackle cost-of-living concerns, enhance job security, and drive economic growth.

With Finance Minister and Prime Minister Lawrence Wong set to deliver his first Budget statement in this role, many are expecting measures that provide both immediate relief and long-term strategies for Singapore’s future.

So what will Budget 2025 introduce to support workers and businesses in a changing economy? And how will it address social challenges such as income inequality and rising living costs?

On The Big Story, Hongbin Jeong speaks to Tan Ern Ser, Adjunct Principal Research Fellow, IPS, National University of Singapore, to find out more.