Next Singapore budget will bring good news: PM

08:03, November 29, 2010      

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Singapore Prime Minister Lee Hsien Loong said government revenues have been better than projected. Hence, the next budget which usually takes place in February will bring good news.

Speaking at the People's Action Party's (PA) conference on Sunday, Lee, who is the Secretary-General of the ruling party, noted that the civil service has just announced this year's year- end bonus payment, Singapore TV Channel NewsAsia reported.

He said union and the public sector employees are happy and the private sector can expect good bonuses too.

The theme of Lee's speech at the party's conference was entitled "Singapore our home, our future together."

The prime minister said Singapore should use the strong growth for 2010 to improve the lives of its people by building homes, upgrading housing estates and strengthening the social safety nets.

Lee also assured Singaporeans that the government will improve the lives of people by giving them opportunities, good education and a stake in the country.

He assured the less skilled, the poor and especially the elderly, that the government will give them a helping hand to catch up and keep up and make sure that they benefit from Singapore's prosperity.

Source: Xinhua


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