28 Feb '12, 11am

Budget debate focuses on low income, elderly and small businesses

SINGAPORE: Parliament on Tuesday kicked off the annual debate on the Budget. Members of Parliament focussed on the schemes announced to help the low income, the elderly and small businesses. A total of 25 Members of Parliament spoke on Tuesday. MPs have described Budget 2012 as "A Budget for the Future" while others called it "A Caring Budget". Under it, the government will spend about $5.5 billion over the next five years to help the less well-off in Singapore. Its new initiatives are targeted at the elderly, disabled and lower-income group. So it was no surprise that in nearly every speech delivered on Tuesday, the plight of two groups of Singaporeans - the elderly and the low-income were addressed. Zainudin Nordin, GPC Chair for Manpower and MP for Bishan-Toa Payoh GRC, said: "I urge the Government to place some emphasis, using the power of whole of Government, to look ...

Full article: http://www.channelnewsasia.com/stories/singaporelocalnews...

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