| 5.2 Mr Speaker, Sir, this Budget
aims to build a vibrant economy where opportunities
abound, and an inclusive society where no one
is left behind.
5.3 The prospects for Singapore are excellent.
Asia is on the rise, powered by the booming economies
of China and India. Globalisation has made knowledge
and networks key sources of competitive advantage.
We are well-placed to ride these trends. We have
a competitive environment for enterprise. We have
a hard working labour force. We have a reputation
for trust and credibility. We must build on these
strengths, upgrade our economy, and equip our
workers with new skills. We must differentiate
ourselves from others by competing not just on
cost but also on service, quality and innovation.
As we become a key node in a global network of
people, ideas, and businesses, we will create
opportunities that extend beyond the shores of
an island of just four million people.
5.4 Growing our economy is only one aspect of
making Singapore our best home. We must extend
a helping hand to those who face difficulty coping
with globalisation and change. We must help low-income
households to improve their prospects, and older
Singaporeans to live full and active lives. And
we must invest in our young, who are the hope
for our future. This will strengthen our bonds,
and assure every Singaporean of a brighter future,
as we create our best home in Singapore.
5.5 Mr Speaker, Sir, I beg to move.
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