In a commentary, SMU Associate Professor of Law Eugene Tan discussed how Budget 2023 is a call for solidarity amid global uncertainty. He noted that social expenditures are at the fore with the social compact still in flux, and the Budget also provides an invaluable opportunity to refresh long-standing public institutions and policies. He however noted there were only mere tweaks to the tax system, and a major revamp of the tax system is needed. He concluded that Budget 2023 has a distinctively Singaporean welfarist approach to governance, and expects the fiscal dimension of governance to further evolve in the years ahead with the fourth-generation leaders in charge.