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A job offers best welfare, but there's need to adapt social safety nets: DPM

Mr Heng also unveiled 4-prong strategy to deal with post-Covid world, including finding new ways for Singapore to be a vital node in the world

Janice Heng
Published Mon, Aug 31, 2020 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    THE government "will keep an open mind" to various ideas for strengthening Singapore's safety nets, such as a minimum wage, universal basic income, and unemployment insurance, said Deputy Prime Minister and Finance Minister Heng Swee Keat in Parliament on Monday.

    But it will do so while considering the trade-offs, and staying true to principles such as not creating dependency, he added.

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