More jobs, higher pay in last two years

Office workers crossing Maxwell Road in the central business district (CBD) area.
Office workers crossing Maxwell Road in the central business district (CBD) area.PHOTO: ST FILE

A report card on how the Government has fared in the last two years has shown that jobs have been created and household incomes are up amid a sluggish global economy.

The Singapore Public Sector Outcomes Review, released yesterday by the Ministry of Finance, also found that basic necessities such as housing and healthcare remained affordable.

The latest biennial review, the fourth of its kind since 2010, takes stock of how Singapore has fared in key areas of national interest.

While the report flagged positive indicators on many fronts, it pointed out that Singapore also needed to push ahead with plans to renew its economy, transform its industries and boost innovation and productivity. The report also said that there was "room for improvement" in boosting rail reliability.

Danson Cheong

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A version of this article appeared in the print edition of The Straits Times on December 10, 2016, with the headline 'More jobs, higher pay in last two years'. Print Edition | Subscribe