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Less income inequality in Singapore, but issue not licked yet
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Yuen Sin
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The latest figures on household incomes, released yesterday, show that government measures and programmes put in place over the past decade have made a decisive impact in narrowing the income gap.
The Gini coefficient - which measures income inequality from 0 to 1, with 0 being most equal - fell to 0.452 last year, the lowest since 2001, figures from the Department of Statistics' Key Household Income Trends report show.
