MDDI's response to PQ on Total Government Funding for SPH Media Trust in FY2024

Parliament Sitting on 27 February 2025

QUESTION FOR WRITTEN ANSWER

7. Ms Hazel Poa asked the Minister for Digital Development and Information to date, what is the total funding provided by the Government to SPH Media Trust in FY2024.

Answer:

The Ministry of Digital Development and Information has provided $260.6 million to SPH Media Trust in FY2024, in line with the current funding agreement. In addition, we have budgeted for $28.9 million of Performance Linked Incentives which can be disbursed to SPH Media Trust, subject to them meeting the Key Performance Indicators under the current funding agreement.