A motion on the cost of living in Singapore, tabled by Workers' Party (WP), dominated discussions for over seven hours in Parliament on Tuesday (Nov 7), with People’s Action Party (PAP) and WP MPs debating over how this problem should be dealt with. This motion was put forth by WP chief Pritam Singh and MP Louis Chua (Sengkang GRC), asking.
The rising cost of living has become a global concern and Singapore has not been spared. However, the country has a suite of policy tools to mitigate the effects. These include having a strong Singapore dollar to manage imported inflation, maintaining a competitive business landscape to keep prices in check, creating g
The original motion called on the government to review its policies to lower cost of living pressures on Singaporeans and their families. It went through three amendments by MP Liang Eng Hwa.
During the Tuesday Parliament debate on the motion on cost of living, MPs from Workers' Party and Progress Singapore Party ardently pushed for structural reforms over one-time fiscal aids. However, the People's Action Party which holds a majority in Parliament amended the motion with three amendments introduced by MP Liang Eng Hwa, emphasizing the global cost-of-living concern and the necessity for sustainable policies. All eight WP MPs and two PSP NCMPs dissented against the PAP MP's amendments, as they diminish the government's role in the increased cost of living for Singaporeans and compel the acceptance of the status quo.
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