12
Grassroots with passion
VOI CES "
DID BUDGET 2016
MEETYOUR EXPECTATIONS?
HOWOR HOWNOT?
"
Yes, budget 2016 met my expectations. What this budget has addressed is far reaching, not only does it aim to address near-term cyclical weakness but also medium-term challenges and opportunities. I did expect a tapering of PIC, but i didn't expect that they would come up with the Jurong Innovation District (JID) which shows the commitment and farsightedness of the government in pursing innovation! ~ Mr CK Eu
I think Budget 2016 is generally well-thought out and covers different sectors.
However, it is more reactionary than proactive when dealing with economic slowdown in Southeast Asia, especially in China. While the budget’s financial impact remains to be seen, the nation should steer its economy towards being more independent by encouraging local entrepreneurship. As for society/family, the budget does address Singaporeans’ needs with initiatives such as the Silver Support Scheme, flat rental and Child Development Account. Moving forward, the budget can address issues such as wage schemes for employees and new roles for PMET. So far, the budget managed to address the needs of lower income families with initiatives such as housing grants and support schemes. I feel that the budget should also address the needs of the middle class/ those living in private housing by extending healthcare assistance/initiatives. In addition, more can be done to prepare our youth for an increasingly competitive world, such as encouraging them to take measured risks as entrepreneurs, and retaining the pool of young people who have ventured abroad to hone their skills. In all, I feel that future budgets should take the larger scheme of things into consideration, to encourage Singaporeans to be active contributors to the community. ~ Mr Tony Yeap
Budget 2016 is a very good budget as it covers all sectors and evenly spreads goodies among wide- ranging age groups, agencies, industries and investors. With an uncertain economy ahead, Singaporeans would tend to worry about their future, such as starting families. The budget will be able to help, what with the introduction of bonuses for families and children, for eg., Baby Bonus and Edusave. Needs of the elderly, the married couples and those with special needs will also be taken care of. The budget is an assurance to Singaporeans that we are ready for the changes ahead and will pull through in spite of the tough economy. ~ Mr Joshi
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