Welfare Spending and Budget Sustainability

Speech by Henry Kwek at World Bank-Lee Kuan Yew School of Public Policy Asia Competitiveness Institute luncheon   Today, we’re here to talk about Singapore’s welfare spending, and the budget sustainability. The answer to this question is significantly tougher than it is say a decade ago. Singapore today is A small open economy existing in a moment of hypercompetitive globalization, technological upheavals, amidst fundamental geopolitical shifts. A society staring down on a demographic cliff. A society of people with a heightened national identity,....

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Remind everyone to designate LPA

Henry Kwek (Nee Soon GRC) Speech on Amendment of Vulnerable Adult Bill Mr. Speaker, 1. I rise in support of the amendment. 2. I would also like to put on record my thanks to the MSF officers who work very hard to not just care for the needy, but always proactively consult VWOs as we change the law. 3. Members from the VWO sector whom I spoke to are supportive of this amendment. It strengthens how we protect our vulnerable adults,....

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Inequality, Social Divides and the Ikea Effect

Henry Kwek (Nee Soon GRC) Debate on President’s Address Inequality, Social Divides and the Ikea Effect; Driving Our Economy Through Data and Digital Transformation Mr. Speaker, I rise in support of the motion. 1. There has been much discussion about fighting inequality and blurring emerging social divides. It boils down to different perspectives – is the glass half-empty, or half-full? a. We have a functional meritocracy with varied pathways of success. But our needy also face structural issues.....

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Strengthening the Spirit of Giving

Speech by Mr. Louis Ng Kok Kwang, MP for Nee Soon GRC at the Debate on the President’s Address 2018   Sir, our President shared the importance of fostering a compassionate and caring society and a giving society where everyone lends a helping hand.   Beyond the dollars and cents, renewing our economy, strengthening our fiscal position, which are important to our survival, the heartware of this nation is equally important.   How we care for one another,....

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