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AWARE sits on LKYS of Public Policy panel on Budget 2024
In March, Ms. Sugidha Nithi (above), AWARE’s Director of Advocacy and Research, was part of a panel discussion at the Lee Kuan Yew School of Public Policy, to discuss the implications of Singapore’s Budget 2024. The panel was led by Senior Research Fellow, Head of the Social Inclusion Project and Case Insights Unit, Dr. Ng Kok Hoe, and also featured the host of The Financial Coconut podcast Mr. Reggie Koh, and the President of Singapore Youth for Climate Action (SYCA) Ms. Terese Teoh.
The panel talked about how Singapore’s 2024 Budget marks a shift in focus, explored how policymaking links to the Forward Singapore exercise, and how we can aim for a more progressive approach.
Here are the key takeaways:
- Social spending: A significant portion of the budget (43%) is dedicated to social programmes, including initiatives to improve skills and job opportunities for mid-career workers.
- Accessibility challenges: Concerns remain about the accessibility of these programmes, particularly for marginalised communities. Simplifying application processes is crucial for change.
- Environmental focus: Budget 2024 prioritises sustainability for the first time, with measures for a low-carbon future. However, achieving ambitious climate goals might require bolder policies.
- Focus on some, neglect of others: The budget doesn’t fully address the needs of all groups, with workers in the construction and caregiving sectors lacking specific support.
Read the full event report here.
Image above: YouTube screengrab