http://yoursdp.org/index.php/news/singapore/458…
Wijeysingha to deliver SDP’s Alternative
Budget 2011
Friday, 11 February 2011
Singapore Democrats
Dr Vincent Wijeysingha will deliver the alternative to the
Government’s Budget next week. He will present the Singapore
Democrats’ financial plan for Singapore for FY2011 as a counter to the PAP’s
budget proposals.
Such an effort is unprecedented in Singapore’s political
history. Never before has an opposition party put up a budget to
rival the PAP’s. We do this because the
Government’s Budget has in past years glossed over the real
problems of Singapore’s economy and the needs of the people.
An alternative budget is needed to show the people how our
national problems can be addressed through proper prioritization of
our needs and prudent allocation of our financial resources.
To be launched next week, Alternative Budget 2011 will highlight
the weaknesses of the PAP’s approach, citing
past budgets where the Government has mis-prioritized the needs of
the populace.
Finance Minister Tharman Shanmugaratnam will present the
Government’s Budget in Parliament next Friday, 18 Feb 11.
With the elections looming it is certain that this year’s Budget
will be gimmicky with lots of giveaways. Whether Singaporeans
really benefit from such measures is another matter. Despite all
the fancily named financial packages and incentives, working
Singaporeans continued to see their real incomes diminish even as
living costs escalate. This has led to a widening income gap,
resulting in significant social and economic problems for the
people.
The Singapore Democrats’ alternative budget aims at tackling the
root cause of these problems and our expenditure allocation will
seek to redress the imbalances created by the PAP.
Dr Wijeysingha will present a realistic budget proposal without
all the bells and whistles that the PAP uses
to distract the people from the real problems especially in an
election year. The SDP’s alternative will
provide genuine solutions that will tackle the immediate needs of
Singaporeans as well as address longer-term economic issues of our
nation.
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