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Budget 2024 makes significant policy shifts to better position Singapore for future: DPM Wong

SINGAPORE - Beyond tackling immediate concerns, Budget 2024 makes significant policy shifts to better position Singapore for the future, said Deputy Prime Minister Lawrence Wong. These include measures aimed at achieving better growth and jobs, and to equip workers for life through a very significant enhancement to SkillsFuture, he said. Speaking during an hour-long panel discussion on the Budget, DPM.

Significant policy shifts in Budget 2024, more steps on road ahead: DPM Wong

He reiterated that Budget 2024 rolls out the first instalment of the Forward Singapore agenda. Read more at straitstimes.com.

Significant policy shifts in Budget 2024, more steps on road ahead: DPM Wong

Budget 2024: Additional S$600 CDC vouchers for every Singaporean household as Assurance Package gets S$1.9 billion boost

Social spending expected to rise with growing ageing population, need for continued education

The healthcare sector accounted for the lion’s share of social spending over the last decade, ballooning from S$7 billion in 2014 to nearly S$17 billion last year. It replaced education as the largest component.