Personal optimism sustains as Budget 2026 reinforces cash flow—survey
Prime Minister Lawrence Wong’s fiscal plan delivers CDC vouchers and utility rebates.
More than four in 10 (45%) Singaporeans expect their financial situation to improve in 2026, with 70% optimistic about the local outlook, according to an MDRi report.
Moreover, 64% are optimistic about China's economic prospects, whilst 55% express confidence in the broader Asian economy.
Affluent individuals (49%) remain the most optimistic demographic—also displaying greater confidence in the global economic environment (46%) than the general population (37%).
The report highlighted that this confidence is reinforced by the Budget 2026, delivered on 12 February by Prime Minister and Minister for Finance Lawrence Wong.
According to the report, the Budget helps strengthen short‑term cash flow and enables households to better manage essential expenses through additional cash disbursements, enhanced utilities rebates, and an expanded round of Community Development Council vouchers.
"Confidence in personal finances and the domestic economy remains elevated, particularly among affluent households, and Budget 2026 adds a further layer of support through cost‑of‑living measures and pro‑business policies," Simon Tye, CEO of MDRi, said.