29 Feb '12, 12pm

Budget 2012 reflects shift in govt's mindset: Low Thia Khiang

Budget 2012 reflects shift in govt's mindset: Low Thia Khiang

SINGAPORE: MP for Aljunied GRC Low Thia Khiang called this year's Budget a special one. He put it in contrast to previous Budgets, which he said focused on the economy. Speaking in Mandarin, Mr Low said reducing dependency on foreign workers and restructuring the economy may even slow down growth. Mr Low said: "This is the first Budget after the 2011 election. It points to the direction of future governing and the focus of government policy from focusing on economy to social policy, from the economy's role to raising the wages of lower-income Singaporeans. This is a major shift in the government's thinking and mindset. The government is therefore making a formal statement after much reflection after the 2011 election." Mr Low's comments prompted a rebuttal from MP for Chua Chu Kang GRC Low Yen Ling. Ms Low said: "He had described this year's Budget as a change in the gover...

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

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