Second Minister for Finance Indranee Rajah : No data no cost of living support. You die your own problem

[zhiwei]

• “We will continue to monitor economic conditions closely and adjust cost of living support as necessary,” says Second Minister for Finance Indranee Rajah in Parliament on Thursday (Sep 25). PHOTO: MDDI

[SINGAPORE] Anxiety and concerns about the cost of living must be backed by concrete data before the government will increase support, Second Minister for Finance Indranee Rajah said in Parliament on Thursday (Sep 25).

“You have to start first with data, and if sentiment and anxiety is borne out by the data and there is a real need, then of course, we will step in to do more,” she said.

“But if you have a situation where there is anxiety without real basis... then there may not be a need to provide additional support for that,” she added. Rather, the answer would be to address what is causing the public anxiety or concern.

Indranee was responding Jalan Besar MP Shawn Loh, who asked about the government’s approach to cost-of-living support, including its use of data or public sentiment to decide on new measures.

She replied that the government considers factors such as inflation, economic and labour market conditions, fiscal sustainability, as well as the affordability challenges faced by lower and middle-income households.

The government recognises that despite inflation moderating, Singaporeans are still adjusting to higher prices, she said. In response, Budget 2025 included additional support measures like Community Development Council vouchers and U-Save rebates.

Beyond this immediate help, the government is also strengthening structural social support in areas like housing, healthcare, education, and retirement for long-term assurance.

Indranee said: “We will continue to monitor economic conditions closely and adjust cost of living support as necessary

“In the longer-term, the best way to help Singaporeans is to have broad-based and inclusive real wage growth.”


https://www.businesstimes.com.sg/si...7kYh8K2yefuIU39aI6_aem_EnPRC8CdTJpLi9ElQRoHIw

 

[batman1]

Tua liap nee again.Throw books on chair when provoked.

 

[ftan42]

Data Collection and Analysis: The organization behind this list likely has a permanent data collecting and analysis department. This department is constantly collecting "live" data coming in for everything, which could be used to analyze :

• Economic indicators:
  • Inflation rates
  • GDP growth
  • Unemployment rates
  • Interest rates
• Consumer spending data:
  • Expenditure on essential goods (food, housing, utilities)
  • Expenditure on discretionary goods (entertainment, travel)
  • Spending patterns by demographics (age, income, location)
• Price data:
  • Prices of essential goods (food, housing, utilities)
  • Prices of discretionary goods (entertainment, travel)
  • Price changes over time
• Income data:
  • Average income by demographics (age, income, location)
  • Income growth rates
  • Income inequality metrics
• Housing and transportation data:
  • Rent and mortgage rates
  • Transportation costs (fuel, maintenance, insurance)
• Healthcare and education data:
  • Healthcare costs (insurance, out-of-pocket expenses)
  • Education costs (tuition, fees, living expenses)

If the minister wants tomorrow or future data then it is definitely not available except to use prediction or any prediction tools for prediction.

 

[zhiwei]

PAP massage data here and.therr for their own agenda one lah. Only kumgong believe their data