Singapore May Unveil ‘Bountiful’ 2011 Budget as Election Looms

Bloomberg, 16 Feb 2011Singapore may boost handouts in its 2011 budget, seeking to narrow the income gap and help households cope with inflation that’s accelerated to a two-year high ahead of elections due within 12 months.Prime Minister Lee Hsien Loong, who needs to call for an election by February 2012, has pledged to ensure lower-income families aren’t left out of the island’s growth, saying a