Where Does Your Money Go? The Tough Talk About SG Budget [Chills 218 ft MOF Budget Directors]

Curious how Singapore’s annual Budget comes to life? Tune in as our hosts Reggie and Adrian, author of “No More Bosses,” dive deep with two top minds from the Ministry of Finance (MOF): - Lim Ming Jing (Director, Social Programmes) and - John Koh (Budget 2025 Director and concurrently Director, Security & Resilience Programmes) What’s in store? - Behind-the-scenes revelations on balancing immediate concerns (think CDC vouchers!) with longer-term nation-building. - Why vouchers over cash? - The story behind SkillsFuture’s evolution—and how your feedback shapes policies. - "Theory of Change": How ministries pitch ideas (and why some get funded while others don’t). - Candid takes on taxing wealth, ageing populations, and why your family’s income matters more than you think. Ming Jing and John pull back the curtain on the gritty realities of policy-making—from managing public concerns to competing global pressures. Whether you’re a policy nerd or just want to know where your tax dollars go, this episode is packed with aha moments you won’t hear anywhere else. Tune in for a masterclass in governance—and find out why even middle-class Singaporeans might rethink their gripes about the Budget. --- Welcome to The Financial Coconut, your source for empowering financial knowledge and unlocking possibilities. Join us as we explore personal finance, investing and more. Get ready to take control of your financial future and live your best life, financially wise: https://linkin.bio/thefinancialcoconut [Podcast, Vodcast] Spotify: https://rebrand.ly/TFC-spotify Apple Podcast: https://rebrand.ly/TFC-applepodcast YouTube: https://rebrand.ly/TFC-youtube [Connect with us] Instagram: https://rebrand.ly/TFC-instagram Tik Tok: https://rebrand.ly/TFC-tiktok Telegram: https://rebrand.ly/TFC-telegram Whatsapp: https://rebrand.ly/TFC-Whatsapp-channel Newsletter: https://rebrand.ly/TFC-Newsletter Check out our other shows: https://www.youtube.com/@TheFinancialCoconutTFC/playlists Disclaimer: The content discussed in this episode is intended for educational purposes only and should not be considered as financial advice. The information provided is based on our understanding at the time of recording and may not reflect the current regulations or market conditions. The opinions expressed by guests are their own and do not necessarily represent those of The Financial Coconut. Please do your due diligence before making any investment or financial decisions. Help us get to know you better: http://bit.ly/thefinancialcoconut-survey Hosted on Acast. See acast.com/privacy for more information.