Propelling Singapore through present challenges and beyond

FINANCE Minister Lawrence Wong's maiden Budget speech last Friday (Feb 18) was one that heavily emphasised the strengthening of Singapore's social compact.

Rising cost of living, an ageing population and not to mention climate change are goliath challenges faced by a small nation that has no natural resources.

Already, our war chest has been drawn down by more than S$40 billion, after two years of unprecedented expenditure in combating the prolonged Covid-19 pandemic.