Well, i'm getting more interested to know what will be revealed during Singapore Budget'09... many hope for many different changes that will benefit themselves... some were [taken from Straits Time Home 19th Jan 2009]:
- freeze increase in university fees
- helps young entrepreneurs in setting up their businesses
- more financial assitance for the bottom 20% of Singapore households
- spur job creation
An interesting note that taiwan gave out shopping vouchers to every citizens, to be exact S$160, in hope to spur domestic spending to spur the economy. in addition, with the upcoming sworning in of the new American's 44th President, Mr Obama it will be interesting to see how Singapore response to the global situation.
well, personally, i am hoping the Singapore Budget will address some issues
- helping the low-income household group
= maybe by offering cash rebates, or lowing electricity/water bills for 12months
- reduce cost of operating businesses
= reduce office space rentals
- make changes to the CPF structure
= option to lower employee contributions to have more "take home pay"
= more options to use CPF as payment - education, business set up, medical cost
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