Items Unit Latest Period Latest Data % Change
(Y-o-Y)  1/
Previous
Period Data
% Change
(Y-o-Y)  2/
Government Operations            
Cash surplus/deficit 3/ S$m Mar-19 -9,355.5 na 543.5 na
Net cash inflow from operating activities S$m Mar-19 -9,045.2 na 830.0 na
Cash receipts from operating activities S$m Mar-19 7,609.5 na 7,828.2 na
Cash payments for operating activities S$m Mar-19 16,654.7 na 6,998.2 na
Net cash outflow from investments in nonfinancial assets S$m Mar-19 310.3 na 286.5 na
Purchases of nonfinancial assets S$m Mar-19 1,789.2 na 694.3 na
Sales of nonfinancial assets S$m Mar-19 1,478.9 na 407.8 na
Net cash inflow from financing activities 4/ S$m Mar-19 3,592.6 na 4,539.0 na
Net incurrence of liabilities S$m Mar-19 3,488.1 na 4,608.0 na
Domestic S$m Mar-19 3,488.1 na 4,608.0 na
Foreign S$m Mar-19 0.0 na 0.0 na
Net acquisition of financial assets other than cash S$m Mar-19 -104.5 na 68.9 na
Domestic excluding cash S$m Mar-19 -104.5 na 68.9 na
Foreign excluding cash S$m

Mar-19

0.0 na 0.0 na
             
Items Unit Latest Period Latest Data % Change
(Y-o-Y)  1/
Previous
Period Data
% Change
(Y-o-Y)  2/
Government Debt            
Central Government Debt S$m Q1/19 561,896.0 8.7 546,699.5 8.9
External Debt S$m Q1/19 0.0 na 0.0 na
Domestic Debt S$m Q1/19 561,896.0 8.7 546,699.5 8.9
Registered Stocks & Bonds S$m Q1/19 539.707.0 8.7 520,974.3 9.0
Treasury Bills S$m Q1/19 10,400.0 6.1 10,200.0 7.4
Advance Deposits S$m Q1/19 11,789.0 8.5 15,525.3 6.1
Domestic Debt (Excluding Advance Deposits) S$m Q1/19 550,107.0 8.7 531,174.3 9.0
1 year maturity or less S$m Q1/19 47,067.1 14.4 46,845.3 12.1
More than 1 year maturity S$m Q1/19 503,039.9 8.2 484,329.0 8.7
             
Items Unit Latest Period Latest Data % Change
(Y-o-Y)  1/
Previous
Period Data
% Change
(Y-o-Y)  2/
Government Finance (Financial Year) 5/            
Operating Revenue 6/ S$m FY 2018 73,669 -2.8 75,816 9.9
Total Expenditure S$m FY 2018 78,990 7.4 73,556 3.5
Operating Expenditure 7/ S$m FY 2018 58,629 5.5 55,581 6.6
Development Expenditure 8/ S$m FY 2018 20,361 13.3 17,975 -5.0
Primary Surplus/Deficit S$m FY 2018 -5,321 na  2,259 na
Special Transfers9/ S$m FY 2018 9,000 47.0 6,122 -3.9
Special Transfers Excluding Top-ups to Endowment and Trust Funds  S$m FY 2018 1,700 na 2,112 na 
Basic Surplus/Deficit 10/ S$m FY 2018 -7,021 na 147 na
Top-ups to Endowment and Trust Funds S$m FY 2018 7,300 na 4,010 na
Net Investment Returns Contribution 11/ S$m FY 2018 16,437 11.6 14,724 1.0
Overall Budget Surplus/Deficit S$m FY 2018 2,116 na 10,861 na

Data are preliminary when first released.
na not available or not applicable.
1 Refers to % change in latest period over the same period in the previous year.
2 Refers to % change in the previous period over the same period in the previous year.
3 Does not reflect the fiscal position of the current term of government, as it takes into account land sales and capital receipts (which accrue primarily to past reserves) in addition to taxes and other revenues, as well as land-related expenditure.
4 Reflects the net issuance of Government securities and lending minus repayments.
5 Refers to the Government's financial year, which begins on 1 April of the current year and ends on 31 March of the following year. Data for FY2018 are revised estimates. Figures may not add up due to rounding.
6 Excludes the repayment of loans and advances, interest income, investment income and capital receipts.
7 Refers to expenditure on manpower, other operating expenditure (excluding expenses on investment and agency fees on land sales), operating grants and transfers.
8 Excludes loans to statutory boards, industrial and commercial enterprises and land-related expenditure.
9 Refers to discretionary transfers made by the Government and these include one-off direct transfers to businesses and households, as well as top-ups to endowment and trust funds created by the Government for specific expenditure objectives.
10 Refers to before Top-ups to Endowment and Trust Funds and Net Investment Income (NII)/Returns Contribution.
11 Refers to contributions from investment returns on reserves, where Net Investment Returns (NIR) is the sum of: (1) up to 50% of the expected long-term real returns on the relevant assets specified in the Constitution; and (2) up to 50% of the NII on the remaining assets.