SINGAPORE: Singapore Minister of State for Community Development, Youth and Sports Halimah Yacob has described Budget 2012 as one that plants the seeds for stronger social development in Singapore.
Speaking on the sidelines of a community event, she said the Budget measures will ensure continued social mobility because of investments in the low-income group, those with special needs, and the elderly.
Madam Halimah noted that the investments in the elderly are important.
She said: “Not just because we feel compassion, but because then it releases the young people who are working, struggling to take care of their frail, elderly parents, it releases them to focus on their work, and therefore to be productive, to be creative.”
On feedback over the lack of specific measures for middle-income households, Madam Halimah said these families can benefit through higher subsidies in education and healthcare.
She added that the Budget is one that balances social development with economic growth.
She said: “I’m really glad that this Budget focuses a lot on social development, and I think without compromising economic development. Because at the basis, what is fundamental is that there must be growth. Then we will have enough resources to invest in social development. I think this [represents] planting the seeds for stronger social development in Singapore.”