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Singapore set to unveil budget amid rising living costs

25 February 2013 Last updated at 02:46 GMT

The government in Singapore is due to announce the budget for the coming year later on Monday.

The budget comes amid rising cost of living in the city-state and amid calls from some quarters to limit the flow of foreign workers into the country.

Taimur Baig, Chief Economist at Deutsche Bank told the BBC that businesses and households are likely to be given some help in this budget.