budget

A Tale of 2 Cities?

Hong Kong S$20.8b Social Welfare Singapore S$3.9b Social and Family Development Hong Kong Budget 2022-23 Social Welfare HKD120b (S$20.8b) (14.9% of total expenditure) Health HKD162.8b…


Budget 2011: Analysis snippets

I refer to the Budget Statement 2011 by the Finance Minister . Wages grew 0.5% “C.6. Consider what happened to low-income Singaporean workers, at the 20th percentile…


Budget 2011: Analysis snippets (Part 2)

I refer to the Budget Statement 2011. Singaporeans’ wages grew 0.44% Although the Budget statement said: “Consider what happened to low-income Singaporean workers, at the 20th percentile…