SINGAPORE, April 10 -- By 2030, healthcare spending in Singapore is poised to become the government's largest financial commitment, with projections pointing to an annual expenditure nearing S$30 billion (RM100 billion).
This marks a significant rise from the S$9 billion in 2015, Health Minister Ong Ye Kung told The Straits Times in an interview published today.
He added that in 2025, healthcare funding will reach S$20.9 billion, second only to the S$23.4 billion allocated to defence.
Ong also highlighted the steady increase in healthcare spending over the past decade, noting that in 2024, the government's budget for health would rise to S$18 billion.
He said a substantial portion of this funding will be directed towards expanding hea...
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