Mixed reactions by S'poreans to measures introduced in Budget 2013

Mixed reactions by S'poreans to measures introduced in Budget 2013
By Monica Kotwani | Posted: 25 February 2013 2342 hrs

SINGAPORE: Singaporeans MediaCorp spoke with had mixed reactions to some of the measures introduced in the Budget.

While many looked forward to more direct assistance such as extra GST voucher and Medisave top-ups to help them cope with rising cost of living, some also welcomed news of the foreign domestic worker levy being lowered from S$170 to S$120 for those with dependents.

Chelvi Sinappan, an administrator, said: "Everybody will be very happy, especially those who are having old parents... school-going children. It will be very helpful. It is good news actually."

Account specialist Koreen Seng described the measures as one-off and that it will not help Singaporeans in the long run.

Many also welcomed the government's move to raise wages for those earning S$4,000 and below by partially co-funding wage increases by employers.

"Raising wages, yes, probably it will help. But is it corresponding to the inflation rate? If it is not commensurate, then you still can't afford the same basket of goods," said Nora Aziz, a financial analyst.

For young couple Peter and Shirley Cheng, the Wage Credit Scheme comes in timely.

Mr Cheng said: The (income) gap is becoming bigger and bigger. It's the right time for the government to come in to help the poor people."

"It is a good calculated move, but the results, we won't know until it's tested," said Mrs Cheng.

- CNA/fa

- wong chee tat :)