The debate on Budget 2015 continued on Wednesday (Mar 4), with 26 MPs giving their views on the initiatives announced. Issues concerning the SkillsFuture initiative, CPF recommendations and housing policies are set to receive the most airtime in the COS debates when they kick off on Thursday.
MP Patrick Tay speaks on NTUC's efforts, concerns of PMEs, productivity growth
POSTED: 03 Mar 2014 08:00
Supporting the Budget, MP for Nee Soon GRC Patrick Tay said it heartening to note that the govt has supported the labour movement's call for higher CPF contribution rates in particular for older workers, as well as effecting various social transfers to the lower and middle income Singaporeans. He elaborated efforts that NTUC has embarked on and will be embarking on to support PMEs. Mr Tay also said generating productivity growth is the only sustainable way to increase value-add and grow incomes.