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Politics

Opposition and activists up in arms over Singapore's plan to hike GST

Ruling party says tax rise should not be an election issue

Singapore Prime Minister Lee Hsien Loong's government plans a GST hike for 2021-2025.   © Reuters

SINGAPORE -- Singapore's Workers' Party, the main opposition, said Thursday it would not support government plans to raise the goods and services tax as an activist plans a rare protest in one of the costliest cities in the world.

The People's Action Party that has governed Singapore for nearly six decades said earlier this month that it planned to raise GST to 9% between 2021 and 2025 from the current 7%, to support rising expenditure on health care, security and infrastructure. The government had stressed the need to boost coffers to support an aging population.

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