SINGAPORE – Prime Minister Lee Hsien Loong sought to reassure Singaporeans on Sunday that his government would continue to take care of their needs, as the country faces mounting global challenges and growing anxiety over jobs, housing and costs of living. Read more at straitstimes.com.
SINGAPORE – Prime Minister Lee Hsien Loong sought to reassure Singaporeans on Sunday that his government would continue to take care of their needs, as the country faces mounting global challenges and growing anxiety over jobs, housing and costs of living.at the Institute of Technical Education College Central.which he called “the most challenging ordeal for our nation since Independence”, and said it is testament to the country’s indomitable spirit.
These will contribute to anxieties over bread-and-butter concerns. PM Lee warned that Singaporeans should expect higher food prices and more job disruptions in the future. Inflation is at last coming down but “will probably stay higher than what we were used to”.During the rally – which lays out the Government’s priorities and is seen as the most important political speech of the year – PM Lee also unveiled measures to support Singaporeans.that will benefit some 1.
He said to them: “Beyond the daily cost of living pressures, you know that retirement is creeping up on you, and you wonder: ‘Will I have enough to get by? Can I cope?’ But don’t worry, the Government will help you. You will not be left behind.” – An “earn and save” bonus, where the Government will credit up to $1,000 a year into the CPF accounts of lower and middle-income workers.
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