Budget 2015 Videos

 
 
 
 
Budget 2015: Round Up Speech(01h36m46s)

Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam delivered the 2015 Budget Debate Round-Up Speech in Parliament on 5 March 2015.



Budget 2015: How Personal and Collective Responsibility Must Go Hand in Hand
Budget 2015: How Personal and Collective Responsibility Must Go Hand in Hand:(05m16s)

The government has made our system more progressive as part of our efforts to build a fair and inclusive society, but we should never forget that it rests on this compact of personal and collective responsibility.



Budget 2015: Social Mobility in Singapore
Budget 2015: Social Mobility in Singapore:(03m32s)

A child born to parents in lowest 20% income group in Singapore is nearly twice as likely to reach top 20%, compared to US and UK.



Budget 2015: Prudent Budgeting
Budget 2015: Prudent Budgeting:(02m31s)

The Government has taken necessary steps, such as constitutional safeguards, to ensure Singapore can sustain spending needs.



Budget Debate 2015: Greater Flexibility for CPF
Budget Debate 2015: Greater Flexibility for CPF:(03m58s)

Singapore’s CPF system is both individual and collective in nature. It is first and foremost built on individual’s savings and responsibility. But there is a strong element of collective responsibility built into the CPF scheme with significant injections of Government support.



Budget 2015: The CPF Scheme: Why it is most fair and sustainable
Budget 2015: The CPF Scheme: Why it is most fair and sustainable:(02m40s)

The strength of the CPF scheme lies in its progressivity and sustainability. The transfers that take place in the CPF are essentially from the Government Budget. They are not transfers from one generation to the next, or promises made to the current generation which eventually have to be funded by the next generation.

Budget 2015: Silver Support and Workfare: Mitigating Inequality
Budget 2015: Silver Support and Workfare: Mitigating Inequality:(01m12s)

Workfare and Silver Support are permanent schemes to mitigate inequality and redistribute resources.




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Last updated on 09 Mar 2015

 

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