Assessment of Second-round Inflation Effects in 2022 and Additional Fiscal Policy Related Measures to Offset Impact of Non-demand Driven Inflation Effects

Debated in Parliament on 11 Jan 2022.

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Saktiandi Supaat questioned the assessment of second-round inflation effects in 2022 and additional fiscal measures to offset non-demand driven inflation from supply-side constraints.
Lawrence Wong stated that the matter was already addressed in a combined oral reply by MTI and MOF on 11 January 2022.
The response referred to an official report on measures to help Singaporeans cope with rising inflation and the impact of fiscal support on inflation.

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Saktiandi Supaat

Mr Saktiandi Supaat asked the Minister for Finance (a) what is the assessment of second-round inflation effects in 2022; and (b) what additional fiscal policy related measures can be taken to offset the impact of non-demand driven inflation effects caused by rising producer costs or supply-side constraints on Singaporeans.

Lawrence Wong

This has been addressed in MTI and MOF's combined oral reply to Question Nos 4 to 7 on the Order Paper for 11 January 2022. [Please refer to "Measures to Help Singaporeans Cope with Rising Inflation and Impact of Government's Fiscal Support for Businesses and Households on Inflation", Official Report, 11 January 2022, Vol 95, Issue 45, Oral Answers to Questions section.]

Summary written by AI (learn more)

Saktiandi Supaat questioned the assessment of second-round inflation effects in 2022 and additional fiscal measures to offset non-demand driven inflation from supply-side constraints.
Lawrence Wong stated that the matter was already addressed in a combined oral reply by MTI and MOF on 11 January 2022.
The response referred to an official report on measures to help Singaporeans cope with rising inflation and the impact of fiscal support on inflation.

Questions identified by AI (learn more)

Assessment of Second-round Inflation Effects in 2022 and Additional Fiscal Policy Related Measures to Offset Impact of Non-demand Driven Inflation Effects | PAPERCUTS

Assessment of Second-round Inflation Effects in 2022 and Additional Fiscal Policy Related Measures to Offset Impact of Non-demand Driven Inflation Effects

Debated in Parliament on 11 Jan 2022.

Summary written by AI (learn more)

Saktiandi Supaat questioned the assessment of second-round inflation effects in 2022 and additional fiscal measures to offset non-demand driven inflation from supply-side constraints.
Lawrence Wong stated that the matter was already addressed in a combined oral reply by MTI and MOF on 11 January 2022.
The response referred to an official report on measures to help Singaporeans cope with rising inflation and the impact of fiscal support on inflation.

Questions identified by AI (learn more)

Full Transcript

Saktiandi Supaat

Lawrence Wong

Summary written by AI (learn more)

Saktiandi Supaat questioned the assessment of second-round inflation effects in 2022 and additional fiscal measures to offset non-demand driven inflation from supply-side constraints.
Lawrence Wong stated that the matter was already addressed in a combined oral reply by MTI and MOF on 11 January 2022.
The response referred to an official report on measures to help Singaporeans cope with rising inflation and the impact of fiscal support on inflation.

Questions identified by AI (learn more)

Assessment of Second-round Inflation Effects in 2022 and Additional Fiscal Policy Related Measures to Offset Impact of Non-demand Driven Inflation Effects

Summary

Questions Identified

Full Transcript

Saktiandi Supaat

Lawrence Wong

Summary

Questions Identified

Assessment of Second-round Inflation Effects in 2022 and Additional Fiscal Policy Related Measures to Offset Impact of Non-demand Driven Inflation Effects

Summary

Questions Identified

Full Transcript

Saktiandi Supaat

Lawrence Wong

Summary

Questions Identified