Singapore to Invest 2.1 Billion Singapore Dollars in Digital Infrastructure

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Singapore's Government Technology Agency announced its intention to allocate 2.1 billion Singapore dollars, approximately 1.55 billion U.S. dollars, towards upgrading digital infrastructure within the current fiscal year. This substantial budget marks a substantial 60-percent increase compared to the previous fiscal period, underscoring the government's commitment to advancing technological capabilities. The agency is dedicated to overhauling current infrastructure by streamlining processes, reducing complexities, and rejuvenating aged systems to fortify defenses against evolving cybersecurity risks that continually threaten digital ecosystems.

Recognizing the critical role that a robust digital infrastructure plays in maintaining stability and public trust, the Government Technology Agency emphasizes the importance of fortifying these systems to mitigate potential disruptions. By enhancing the resilience of digital infrastructure, authorities aim to uphold public confidence and ensure seamless operations across various sectors. This investment aligns with Singapore's strategic vision to bolster its position as a leading digital hub and underscores the government's proactive stance in safeguarding against emerging cyber threats.

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May 21, 2023 | 05:09