---
title: "Projected 10.3% total spending hike to outpace revenue in FY2026"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/276301255.md"
description: "Singapore's total expenditure is projected to increase by 10.3% to $137.32 billion in FY2026, outpacing a 3% rise in operating revenue to $134.75 billion. Development spending is expected to surge by 26.2% to $34.05 billion, driven by investments in economic competitiveness, transport, healthcare, and education. Corporate income tax is anticipated to rise by 7.2% to $37.77 billion, while personal income tax is projected to increase by 5.6% to $21.80 billion. The overall fiscal surplus is expected to narrow to $8.54 billion from $15.10 billion in FY2025."
datetime: "2026-02-19T05:00:58.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/276301255.md)
  - [en](https://longbridge.com/en/news/276301255.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/276301255.md)
---

> 支持的语言: [English](https://longbridge.com/en/news/276301255.md) | [繁體中文](https://longbridge.com/zh-HK/news/276301255.md)


# Projected 10.3% total spending hike to outpace revenue in FY2026

**Development expenditure is expected to rise 26.2% to $34.05b.**

Singapore’s operating revenue is projected to rise 3% to $134.75b in FY2026, but total expenditure is set to increase at a faster pace, up 10.3% to $137.32b, driven by a 26.2% jump in development spending.

The increase in operating revenue is attributed to higher collections from corporate income tax, personal income tax and goods and services tax, according to a Ministry of Finance report.

Corporate income tax is expected to rise 7.2% to $37.77b, whilst personal income tax is projected to increase 5.6% to $21.80b. Goods and services tax collections are estimated to grow 4.5% to $22.25b.

However, development expenditure is expected to rise 26.2% to $34.05b, whilst operating expenditure is expected to grow 6% to $103.27b.

The increase in development spending is mainly attributed to higher outlays for economic competitiveness initiatives, transport infrastructure, healthcare facilities and school building projects.

Overall fiscal surplus is projected to narrow to $8.54b in FY2026 from $15.10b in revised FY2025.

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