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Singapore Budget 2005
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Budget 2005
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Budget Speech 2005
   

Building our home together

 

5.3 Mr Speaker, Sir, this Budget aims to build an economy with abounding opportunities, and a society with a deep sense of community.

5.4 Opportunity means not just good jobs, affordable housing, quality education, and adequate healthcare, but also making Singapore the best home for raising families, and opening up the space to pursue our dreams and aspirations. Opportunity is not possible without a thriving economy that adapts and changes with the global environment. Hence our constant striving to restructure and diversify our economy, our untiring efforts to boost competitiveness, and our relentless emphasis on training and skills upgrading.

5.5 A sense of community is what ultimately makes us a nation – forged by shared experiences, inspired by a common vision, and bound by a collective resolve to help one another. Restructuring brings adjustment pains to many segments of our population. We must help them so that they too will share in the fruits of economic opportunity.

5.6 This Budget will foster economic restructuring, enhance Singapore’s competitiveness as a place for talent and enterprise, build new strengths in the services sector, and create more jobs for Singaporeans. But it is not only about growing our economy. This Budget will also deliver more help to groups facing particular difficulties – older workers who are experiencing deeper CPF cuts, the less-skilled who are finding it hard to be re-employed even as the economy recovers, and all Singaporeans who are concerned about rising healthcare costs.

5.7 Remaking our economy and our society is not just the task of Government. Success ultimately depends on the values, attitudes, and the collective actions of all Singaporeans. It is individual creativity, individual excellence, and individual passion that will sustain us as a vibrant people with an enterprising economy. And it is acts of kindness and compassion in a community bound together in a social compact that makes us care for each other and support the vulnerable – this way we will become a caring and inclusive society.

5.8 I ask everyone to join me in building a nation which offers opportunity and hope to all, and a society where every citizen belongs. Together we will build a Singapore that all of us will be proud to call home.

5.9 Mr Speaker, Sir, I beg to move.

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