He said the centerpiece of such a scheme should be aimed at alleviating the out-of-pocket expenses for primary healthcare, so as to address cost of living for all Singaporeans from the age of 60.
According to him, this would “represent a critical symbol of integration” for everyone.
The WP head cited certain people who said that the MGP was “pungently timed with the election cycle, giving off the odour of an unfair advantage aimed at the electoral prospects of the People’s Action Party ”. One, since Temasek was introduced to the Net Investment Returns Contribution three years ago, it adds S$5 billion annually, making S$25 billion over a government term of five years.
If so, the WP chief said, “it would appear that funding such a universal and permanent healthcare initiative for our seniors cannot be dismissed as dishonest, unreasonable or imprudent.” The Finance Minister himself called the WP “dishonest and irresponsible” because of its position on the future goods and services tax hike. In his speech in Parliament on Tuesday afternoon, Pritam Singh asked for more transparency and openness from the Government.
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