27 Feb '14, 3pm

Significance Of Singapore Budget 2014 To The Local Workforce

Significance Of Singapore Budget 2014 To The Local Workforce

Every year, the Singapore Budget prepared by Ministry of Finance is of a great concern to Singaporeans as it directly and indirectly impacts our livelihood for the rest of the year. Deputy Prime Minister (DPM) Tharman Shanmugaratnam Budget 2014 statement delivered on 21 February 2014 aroused quite a bit of excitement. He shared that Budget 2014 will focus on nurturing quality growth and building a fair and equitable society. Quality grow will be based on innovation and deeper capabilities to sustain rising incomes for Singaporeans and avoid indefinite expansion of the foreign workforce. Social safety nets will be strengthened and inequalities will be reduced while at the same time keeping quality healthcare affordable to all. Overall, the new budget looks nice and rosy but the devil is in the details. Let's break it down and understand what it really mean for our local wor...

Full article: http://www.aspirantsg.com/significance-of-singapore-budge...

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