Economic restructuring and inclusiveness must go together: MP Jessica Tan
Restructuring to create a more productive economy and building an inclusive society must go together, said Ms Jessica Tan (East Coast GRC) as she kicked off the Budget debate in Parliament on Tuesday.
Restructuring on its own without inclusivity will drive up costs for businesses and Singaporeans already concerned about a high cost of living.
But measures to raise incomes at the bottom, without continuing to strive towards high quality growth would not be sustainable, said Ms Tan, the chairman of the Finance, Trade and Industry Government Parliamentary Committee.
"Growth and quality growth are absolutely necessarily. But Singaporeans must feel they can actively participate and benefit from this growth in areas of opportunities, jobs, real income and, more importantly, well being," she said.