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Budget debate: Smoothing the Ethnic Integration Policy’s rough edges with buyback scheme
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HDB will now buy back, on a case-by-case basis, flats from households with difficulty selling them at a reasonable price when EIP quotas are reached.
ST PHOTO: LIM YAOHUI
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SINGAPORE - Almost a year ago, National Development Minister Desmond Lee acknowledged in the House that the Ethnic Integration Policy (EIP) has its "rough edges", and said the Government will continue to look at how it can smooth these.
The issue received some closure at the debate on the Ministry of National Development's budget on Tuesday (March 8).
