Let’s look at each discussion point and explain what this will mean for you moving forward
PM Lee recognised the rising geopolitical tensions globally, concerns about inflationary pressures, as well as a potential international recession. Domestically, PM Lee argues that the Singapore economy remains resilient and that the government anticipates that Singapore will avoid a recession and have positive economic growth this year. He stated that while inflation remains higher than what most Singaporeans are used to, inflation is still slowly coming down.
As for those who are faced with retrenchment, PM Lee announced that the new 4G leaders have a new scheme in the works to support workers and give them the space to attend skills courses to upgrade themselves before seeking new employment so that they are able to pursue meaningful employment opportunities and are not forced into the first available job out of desperation.
This new scheme will act as a temporary safety net for workers in between jobs so that their basic and immediate needs can continue to be met while they upskill themselves. PM Lee reiterated that as long as an individual is “willing to make the effort, the Government will go the extra mile to help [them]”. More details about the scheme will be announced later in 2023.Ageing was a core issue that PM Lee addressed at his National Day Rally.
Neighbourhoods will also be made more wheelchair friendly through infrastructure enhancements like barrier-free ramps and raised zebra crossings. Pedestrian crossings will be made more pedestrian friendly, with longer “green man” to allow seniors to have more time to cross with ease and narrowed roads to slow down cars. HDB block signs will also be made bigger and more colourful so that it is easier for seniors to see and recognise.
All of these implementations and more are done with the intention of fulfilling many seniors’ wish of living out their golden years in their own homes as feasible as possible.where seniors can engage in fun and fulfilling activities with their peers will also be expanded. One of the biggest threats to seniors is loneliness and not being physically or mentally stimulated. It is vital for seniors to remain active in their retirement and have a robust social network for mutual support.
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