Ask the Finance Minister 2024: DPM Lawrence Wong answers questions about Budget 2024
ฝัง
- เผยแพร่เมื่อ 20 ก.พ. 2024
- Finance Minister Lawrence Wong responds to burning questions from Singaporeans in a spirited discussion after his 2024 Budget speech. The candid conversation in Ask the Finance Minister focuses on bread-and-butter issues amidst global uncertainties. #budget2024
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Background
0:38 Household/1:03 Business
1:20 SkillsFuture/1:49 ForwardSG
2:18 Panelist Background
Lawrence Wong Timestamps
4:11 Pre School
8:34 Lower Income Household
11:43 Family Support
15:05 Life Span
16:20 CPF-Special Account
21:31 EnterprisesSG
22:25 PACT-MNC Supplier
23:01 Product/Solution
24:57 Manpower
26:24 Cost Of Labor
27:31 Shared Kitchens
32:58 SkillsFuture
34:56 Free Market
37:31 Employers Will Benefit
40:12 Certain Industries Will Suffer
42:45 Adult Learner(ITE)
44:27 Deepen ITE Skillset
45:06 Big Picture
CNA needs to turn off the mics of the supporting cast in these dialogues with a Minister, bc it is very distracting to hear everyone agreeing verbally with every thing DPM says.
CNA can consider to put time-stamps for this interview so that we can focus on the parts that matter to us.
Good to have a more diverse discussion rather than having a panel which agrees with everything having concerns left unanswered.
Too many foreigners in Singapore are hiring and promoting their own people at the expense of true-blue Singapore citizens born and raised locally. The end result is that many Singaporeans have to work as PHV drivers and food delivery riders.
my kids are already in primary school... i tremble when my wife said we need to give my kid more tuition because i am struggling to get money for that.
Who did U Vote for ?
Are U part of 61% ?
@@vincecarlo irrelevant question, and dun need to argue on that. period.
does it mean that the school doesnt know how to teach?...
I'm sorry to hear that. Hang in there. It will get better!
@@pinklabbit
Life UNDER 4G Will ONLY Get WORST
MORE EXPENSIVE n Families are STRUGGLING
Thanks to Liang Popo for 9% GST.
CRAZY BTO Prices which ALL Goes to ZERO VALUE
Vetted many times
Why nothing for infant care when government encouraging young parents to have more babies.
Last year budget already talked about the baby bonus, how much more you need?
@@killerins1000 more baby bonus since govt increase gst and alot of businesses increase cost and passed it to consumer.
@@raphaelalwayslearning And the money drop from the sky. Like that government just give money. Lmao. Even countries like Japan and South Korea which have low/lower birth rate than ours also don't have this much baby bonus. And here you are asking for more? Ignorant.
Increase population growth so as to be less dependent on foreign workers.
There are other priorities and not just all about babies.
ok. thursd, 9.5.2024
Panel not well represented. Talk to the man on the street.😅
These are the Hand Picked L-A-C-K-E-Y L-A-P 🐕🐕
Agree. Panel is not adequately represented.
Exactly. A wider cross section of the people especially the poor ought to be heard.
That self-declared representative of unions over there, (u know who), seems to self declare to represent all of us here😂. In fact, unions in spore r run by gahmen if u know the background & thus a yes-man. @@user-uw1br3cr8d
The voice of the beautiful lady in red sounded a lot like Minister Indranee Rajah.
why half gohmen half private companies of gohmen so many foreigners? SIA, even got taiwan pilots, mediacorp, SPH alot malaysians... , even NUH, CGH, SGH lot of foreign doctors, from malaysia, india, even taiwan, nothing much govt can do ?
Still feel that too many non Singaporeans holding management and hiring decisions and not hiring locals or giving them growth opportunities so impeding the progress of the locals. Sad truth. So worried for this and future generations.
The unfortunate reality... It gets worse once they get PR or citizenship, giving false sense to true blue locals that opportunity is fair...
MNCs are private organisations that do not have to answer to the public regarding their hiring decisions. nothing much govt can do or else MNCs will just leave the country which is even worse
@ you stupid lah, nonsense! wat about glc, gohmen linked privatised, companies? SIA, even got taiwan pilots, mediacorp, SPH alot malaysians... , even NUH, CGH, SGH lot of foreign doctors, from malaysia, india, even taiwan, nothing much govt can do ?
@@jj96432yes, people somehow want to think the Singapore govt is invincible enough to do what they want, yet at the same time hate the govt for having so much power. It’s hate for its own sake especially when it defies logic. When we go for their logic, they grandstand some more
@@ErenYega747 seems like this is the kind of culture we are progressing towards la, similar to many western countries. I dont see how we can revert the wave
Why two entrepreneurs, 1 merchant and one other were pick to ask tge Fibanxe Minister of tge budget 2024, there should be a few more original seniors added into this forum citizens
They skipped explaining the difference between an RA and SA. 😉
Sustainability of financial assistance in any forms is irrelevant if policy making is tilted too far away from the ideal equilibrium, resulting in one or few groups of people who has always been the ones paying the price for others to benefit.
I think should encourage those who
Received bursaries
Or help when the are
Successful should pay
Back
6:30 people asking to not work to get support?
Don’t have kids if you can’t afford them. That’s being responsible.
That's the most absurd dumb mediocre thing one has to say. Reproduction is a basis and part of nature and how can you hinder that from happening. If your dad think twice on copulating your mom, one idiot will be less in Singapore. Douschebag.
Don't have kids if you're not willing to sacrifice (time, money, energy, etc). That's reality.
Jeevan= well said
Very progressive and people centric budget. Thanks DPM ❤
steve chia, long and prosperous career being a mouthpiece
Why Budget Goodies Only Now ?
... maybe that's the reason why company don't promote training courses, as staff could leave the company,
In other words its NOT give , its trade off NOT give , but sounds like give .
We need to give Stevie chai a raise.
Is the Aunty related to Walter Theseira? I feel that they have similar looks.
The budget need something for those people whom are long term unemployed, like paying a 2k salary to push them to take courses to get back into workforce. More and more citizens are like this in SG which could amount to 10-20%. Middle aged people 30 years old unemployed, mums wanting to work and older retrenched people for years driving grab, government have to try cover them. The age old excuse is the applicants will abuse, but during the course they can be set up by govt to take up a slot in a company. Its unfair as people are required to show proof of employment last 6 months or 12 months to get into a program.
Many young man are getting lazy... Their parents had no other choice but to work harder to feed these useless child...
I think you should improve on your English 😊
@@sgfuture7114It’s not that bad lah
2k salary for unemployed? Are you fr?
@@jj96432 2k in Singapore counts as being in poverty.
The bottom 10 per cent of Singapore households earn $2.3k.
No incentive for self reliance and individual effort.This budget forgot one big group of people in the middle who don't qualify for anything but getting bled out in this economy
Please explain why HDB can allow private property sellers to escape the 15months waiting period to buy resale HDB direct while I can't even apply for a HDB rental flat even I have long-term medical problems and financial stress .
DPM Mr Lee, here as a Singaporean newly wed and have no roof over our head and been advised to vacant the flat before HDB take action. May I ask DPM, do HDB assess case to case basis?
CRAZY BTO Prices which goes to ZERO VALUE
Good Luck
Spend with in mean
Help the poor n older people 65 years old
Powers will talk!
No need to talk much!
Let's see in the next GE!
Agreed. Talk less. Show your dissent at the polling booths.
Will diploma holders now working in gov sectors able to be getting government subsidise when they want to persue for degrees with private sector?
This guy is such a solid B tier politician, off camera probably a C.
Thanks to Liang Popo for 9% GST
Prices have SHOT UP by ~30%
lucky not 10% or 12%
@@phongy45
Coming Soon
4G ADDICTED to 💰💰💰
@@phongy45
Akan Datang
MORE To come
4G ADDICTED to 💰💰💰
Gst 9% hike !!!
Interesting, some people can post 100 comments on this channel.
I reckon that the well-to-do should contribute more. Going on Holidays is a luxury. Many go on holiday more than once a year. In this aspect, Govt should consider a GST on full-package tours. With this additional taxes support the entrepreneur with wages and rental expenses subsidies
Well done!
The young entrepreneur woke up and decide to speak the truth 😂
Exactly! The woman professor sounds so offensive and self-appreciating, especially when she applauded her own research centre and the SkillsFuture Credits which her industry would benefit in terms of more jobs created for educators like herself. But it is clearly not in touch with the needs of the SME employers who need their employees full-time and on-the-job due to severe labour crunch.
U better wake up as well. Truth hurts, but did u grow?
I would like to see some disagreements not for the sake of dissent but really to see what the other alternatives are - btw, did Lawrence Wong gain some weight?
Workers working for private sectors like delivery driver / security all that and other jobs like cleaners ....those bosses need to go for courses to trade workers fairly and appreciate worker's effort ...i see many bosses just want make more money but unwilling to pay worikers more even working 12hrs job ..security company is the worst i can see in Singapore...work 12hours and end of day cash in hand is little and lot went cpf ...
Post 65, a good example is LKY
Nvr forget these below 40 years old low income earners who also wish to take more course and skill, to upgrade themself and earn a better wages. They deserve to be provided with skillsfuture credit top-up as well..
Scripted?
Of cos
USUAL PROPAGANDA 🐂💩
The budget is too good and Singaporeans should not be spoon-fed because 2022 and 2024 are distorted economic growth and inflation Western political agenda. LKY political economic and expenditure of Singapore budget must be controlled within our means.
GST must reduce to 6% ...
You joking? Sgrean super RICH can afford 15% gst
Hdb use rental flat to house bto buyers but dont allow Singaporean to apply even when we face serious medical problems and financial stress. Why?
No one asks about shielding lol don’t give this kind of training wheel on the bike. The biker will never learn how to really ride (communicate policy to the public)
which employer or employers so kind to let you go during working hours to go for skills futures training? tell me i want to work for this employer. tsk tsk tsk
That couple needs support ? Then why get such a big shop for their food biz? Do within yr bughet for business ....gov needs help for low and average income more but not for businessman...they get supports but sell food expensive
theres this thing called growth. no one smart will do a business only to remain happy at basic level.
The sociologist needs to be more impartial, just because DPM is here she become yes woman.
8km is too far? man, you gotta try living in Malaysia. HAHA.
Clearly Hdb is abusing its obligation to elderly Singaporean who need urgent housing need and use those rental flats to house their bto customers. Is this right?
Better interview other mum facing difficulties for expenses or unable to go courses rather then interview mum that can be like this one ... only 2 out of 10
2:00 Just like simply go, setting the stage right to tell us "it comes from the representation of the people"...2:50 And this is how the future generation behaves...21:00 Y not pilot this out in places where patrons r more tech savvy e.g. Sec Schools before going bigger. These are places with a vibe to try with students appreciating hand made fishballs and sauteed prawns...not forgetting to help keeping e baby occupied.
Ŕvn
Given a case study. First marriage was not successful， second relationship never ended up good. 3rd ratio ship finally got married. But HDB does not seem to assist me In anyway and all my appeal are been rejected.
seems like you make poor life choices
You want assistance when it seems that you screwed up your own life.
Does he or pap ministers know that everytime they do a political announcement prices of most household items goes up by 5 to 10 pc. How many household essentials we need to buy weekly? If there are 5 announcement a year it means retailers react 5 times....n not including rental increases or utilities. An item I bought at 3.20 for 2 just cost now 1 for 2.17. yes on tv they smile telling others how this and that.
Go monitor all the items monthly.. weekly
Arm chair folks
Ask ah wong try and and draw $1000 salary to survive and buy a HDB flat? What do you think? Talk is Free, No need money. tsk tsk tsk
Singapore's GDP Grew by 2.8% in the Q4 of 2023 and by 1.2% in 2023.
UOB Group reported a record core net profit of S$6.1 billion, up 26%, for the financial year ended 31 December 2023 (FY23).
UOB growth: 26%
Singapore GDP growth: 1.2%
You 99.99% of Singaporeans still don't know how serious is the problem, right?
Ha ha ha!
The male entrepreneur sounds so defensive and self entitled
The woman professor sounds so offensive and self-appreciating, especially when she applauded her own research centre and the SkillsFuture Credits which her industry would benefit in terms of more jobs created for educators like herself. But it is clearly not in touch with the needs of the SME employers who need their employees full-time and on-the-job due to severe labour crunch.
No point, no employers will hire people over 40
Clearly, the woman professor is so biased towards the government and bootlicking her paymasters. For example, she praised the "very positive policies that government has rolled out".
The woman professor is also too self-appreciating, especially when she applauded her own research centre and the SkillsFuture Credits which her industry would benefit in terms of more jobs created for educators like herself.
But it is clearly not in touch with the needs of the SME employers who need their employees full-time and on-the-job due to severe labour crunch.
Of cos
These are L-A-C-K-E-Y L-A-P 🐕🐕
Praising the "very positive policies..." is bootlicking??? The labour crunch is negative for employers but positive for employees.
@@JohnLee-gt3sr In academia (which the woman professor should very well know herself), one does not say things overly extreme such as "very positive" especially when these policies were only just announced.
No one can be sure the outcomes would be "very positive". Can you be sure?
The labour crunch is not necessarily positive for employees when wages do not rise in tandem or the jobs get outsourced to cheaper countries or employers would find new ways to replace employees with technologies.
Let's be more impartial and neutral instead of being biased to policies which we know are retrospective interventions due to past policy failures.
GIFTS ???
Thanks to Liang Popo for 9% GST
Prices have SHOT UP by ~30%
The so-called "positive" policy are still the same Covid polices, unemployed getting about $2000 per year of GSTV, COL when they need a salary to be pushed to take courses to enter workforce. Employers condemn citizens whom are unemployed for 6 months or more, from here they find it difficult to get back into workforce. This permanent rot will take place.
Looks like an election Budget with all the sweeteners.
RUBBISH Budget
Skill Future is UTTER RUBBISH, Somebody Get RICH.
Follow the 💰💰
PUT CASH Into my ACCOUNT is a Sweetener
Oh Wait.... this is 7 mth OLD EMPTY FAKE ACCOUNT
What the Minister said is we get retired at 65 and keep healthy will be same when getting 90yrs old ? Hahaha
who will still want to employ age 60 and above? tsk tsk tsk
cotton and pineapple lovers get fooled over and over again. tsk tsk tsk
In summary, PAP is highly acknowledged by the people as the only responsible and effective party in s'pore. Awesome!❤❤
Mr Lawrence, my son is Autism kid and we are not able to get him to any student care in Singapore
Singapore will grow better!
Thanks to Liang Popo for 9% GST
Prices have SHOT UP by ~30%