Publications
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10 articles
21 July 2026
FY2025/2026 Government Financial Statements
The Government Financial Statements for the financial year 2025/2026 were prepared in accordance with section 18 of the Financial Procedure Act 1966.
26 June 2026
Overview of Singapore Government Borrowings
Some observers have pointed out that the Singapore Government has a high level of debt vis-à-vis Singapore’s GDP. Some wonder why this is so, given that the Government runs a balanced budget. This note explains why the Government borrows, notwithstanding its healthy financial position.
2 February 2026
Singapore Public Sector Chart of Accounts
The Accountant-General’s Department (AGD) has developed a new Singapore Public Sector Chart of Accounts (PS-COA) for public sector agencies, i.e. Ministries, Organs of State and Statutory Boards, to standardise the account code structure used to classify and record financial transactions across the Public Sector.
3 November 2025
Prompt Payment of Invoices to Government Vendors
The Government is committed to paying our suppliers promptly. It is a key part of our pro-enterprise approach, and timely payments help business manage their cost and cashflows. The Government maintains a target KPI of 95% prompt payment rate, which we have achieved consistently over the last few years.
11 September 2025
FY2024/2025 Government Financial Statements
The Government Financial Statements for the financial year 2024/2025 were prepared in accordance with section 18 of the Financial Procedure Act 1966.
23 July 2024
FY2023/2024 Government Financial Statements
The Government Financial Statements for the financial year 2023/2024 were prepared in accordance with section 18 of the Financial Procedure Act 1966.
13 July 2023
FY2022/2023 Government Financial Statements
The Government Financial Statements for the financial year 2022/2023 were prepared in accordance with section 18 of the Financial Procedure Act 1966.
22 July 2022
FY2021/2022 Government Financial Statements
The Government Financial Statements for the financial year 2021/2022 were prepared in accordance with section 18 of the Financial Procedure Act 1966.
28 July 2021
FY2020/2021 Government Financial Statements
The Government Financial Statements for the financial year 2020/2021 were prepared in accordance with section 18 of the Financial Procedure Act 1966.
9 September 2020
FY2019/2020 Government Financial Statements
The Government Financial Statements for the financial year 2019/2020 were prepared in accordance with section 18 of the Financial Procedure Act 1966.
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