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Budget 2024: Spending billions on ageing well must be followed with close measure of outcomes

To maintain fiscal prudence, the returns on our investments must be long-term and turn the nation’s challenges into opportunities.

Singapore’s ageing population is one of the nation’s key challenges that can lead to many vulnerabilities without strategic interventions.

ST PHOTO: HENG YI-HSIN

Christopher Gee and Yap Jia Hui

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The

2024 Budget

was introduced as the first instalment of the Forward Singapore programmes, which, in the words of Deputy Prime Minister and Finance Minister Lawrence Wong, aims to “turn every challenge into opportunity, and every vulnerability into strength”.

Singapore’s ageing population is one of the nation’s key challenges that can lead to many vulnerabilities without strategic interventions.

Budget 2024: Spending billions on ageing well must be followed with close measure of outcomes

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