Singapore's budget as a source of information

Abstract

The development of government budgeting systems has been adequately dealt with in economics literature. Studies on programme and performance budgeting systems, zero-base budgeting systems, etc. have been conducted by academic researchers. Such works are valuable in providing an understanding of the nature of different budgeting systems, their usefulness and limitations. However, to date, there has not been adequate studies on the usefulness of government budgets in the context of Singapore. Hence, this research is aimed at studying the role of the Singapore's Budget as a source of information for the business organisations. It attempts to determine the types of budget information viewed by them as useful, the extent of its use, and the shortcomings of the present budget Based on the results of the empirical findings, some recommendations are presented. The report concludes by pointing out the limitations associated with the research and suggesting possible avenues for further research. It is hoped that the findings from this research will be of relevance to the future studies in the topic "Government Budgeting in Singapore".