S$40b to be spent on Forward Singapore exercise a very significant signal: Analyst
The announcement that S$40 billion will be spent by the end of the decade in the Forward Singapore exercise, has been described as a very significant signal. Political analyst Eugene Tan says it also represents a fundamental perspective shift from social spending to social investment. He was reacting to one of Budget 2024's announcements, where Deputy Prime Minister Lawrence Wong gave updates on the government’s plans to remake the country’s social compact. Alif Amsyar has more.
The announcement that S$40 billion will be spent by the end of the decade in the Forward Singapore exercise, has been described as a very significant signal. Political analyst Eugene Tan says it also represents a fundamental perspective shift from social spending to social investment. He was reacting to one of Budget 2024's announcements, where Deputy Prime Minister Lawrence Wong gave updates on the government’s plans to remake the country’s social compact. Alif Amsyar has more.
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