National Day Rally 2025: Beyond SG60 Writing Our Next Chapter

PM Lawrence Wong calls on Singaporeans to unite, write nation’s next chapter together

Government will place citizens at centre of what it does but people must also chip in, look out for one another, he says

By Goh Yan Han, The Straits Times, 18 Aug 2025

Prime Minister Lawrence Wong called on Singaporeans to band together to write the next chapter of the nation’s story, as he set out plans to support them throughout various stages of life.

He gave the assurance that the Government will place Singaporeans at the centre of everything it does, be it navigating economic uncertainty or tackling technological disruption and demographic shifts.

In his first National Day Rally after the general election, PM Wong, who is also Finance Minister, outlined how his Government intends to address the challenges relating to the economy, senior citizens and the younger population.

It will provide job support – in particular, for fresh graduates and mid-career workers – and develop community infrastructure to support the growing population of elderly citizens.

Addressing the audience at ITE College Central in Ang Mo Kio on Aug 17, PM Wong opened his English speech by setting out the immediate challenges that Singapore is facing in a “more troubled and turbulent world”.

These include global tariffs imposed by the United States earlier this year, growing global contestation and rapid advancements in technologies like artificial intelligence (AI).

Singapore is reviewing its economic strategy on various fronts to secure its future in a changed world, he said, noting that harnessing innovation and technology will allow the country to sustainably raise its productivity and improve lives.

“Ultimately, our economic strategy is about jobs, jobs and jobs – that’s our No. 1 priority”, said PM Wong.

Three announcements in his speech centred on jobs: a job-matching scheme at the town level, enhancements to an existing SkillsFuture scheme for mid-career workers, and a government-funded traineeship programme for tertiary education graduates. The details of these schemes will be announced later.

PM Wong said new jobs will be created, as he acknowledged Singaporeans’ worries about jobs evolving or disappearing due to technological change.

“I assure you, even as we embrace AI and technology, we will not lose sight of our key priority,” he said.

“Singaporeans will always be at the centre of everything we do.”

He said the Government is committed to helping every worker progress and succeed, and will not rush headlong into adopting new technology.

There are plans to equip and empower every business, especially small and medium-sized enterprises, to harness AI effectively, he said.

The authorities will also work closely with unions and workers to redesign jobs and help Singaporeans seize new job opportunities, he added.

“The road ahead will not be easy. But we are not going to sit back and resign ourselves to being mere bystanders in a world shaped by others,” said PM Wong.

“We will take charge of our own destiny. We will shape the future we want – through our own actions, and our own choices.”

Turning to the issue of long-term care for seniors, PM Wong announced a new Age Well Neighbourhoods scheme that will adopt features from HDB Community Care Apartments – senior-friendly public housing that provides care services for residents.

The scheme is meant to allow senior citizens to live more independently in their own neighbourhoods, as Singapore’s demographics shift towards more elderly citizens and smaller family sizes.

Identified towns – starting with Toa Payoh and one or two other areas – will have more active ageing centres for seniors to gather, said PM Wong.

Home-based services such as basic health checks and housekeeping will be provided to seniors, with healthcare services brought closer to them as well, he added.

The scheme builds on the existing Age Well SG nationwide initiative for seniors to lead more active lives in their homes and communities.

“That’s how we will grow old – not in isolation, never alone, but always together as one Singapore family,” PM Wong said.

On challenges faced by the younger generation, PM Wong brought up vaping and excessive screen time.

Flagging vaping as a serious concern, he said the Government will take much tougher action and treat it as a drug issue.

It is also studying how other countries manage access to the internet and social media for children, he added.

Setting out the Government’s stance on responding to technological developments – like the use of AI by students – PM Wong said Singapore has to strike the right balance between protecting young people from potential harms and empowering them to fully exploit the benefits of technology.

He also sketched out plans for the northern part of the island, building on the Urban Redevelopment Authority’s Draft Master Plan 2025, which covers Singapore’s development plans for the next 10 to 15 years.

These plans include redeveloping the areas in Woodlands North, Kranji racecourse and Sembawang Shipyard.

As the Government reimagines new uses for existing land, it is also developing plans to protect the country’s coastline against rising sea levels, he added.

“So even as climate shifts and circumstances evolve, one thing is certain: Singapore’s progress will never be left to chance. We are – and have always been – a nation that adapts, reinvents and dares to dream,” said PM Wong.

Good plans and strategies are just the first step for Singapore’s continued progress, said PM Wong as he wrapped up his speech.

“What matters just as much – and even more – is the collective will of our people,” he said, adding it is this Singapore spirit that binds everyone together.

Going forward, Singapore must be a “we first” society with a people that considers others and not just themselves, said PM Wong.

“If each of us does our part for the ‘we’ – care, contribute and look out for one another – then the ‘me’ will thrive and flourish too,” he added.

His team will continue to involve Singaporeans in policy discussions, and will open up more avenues for people to be heard and to get involved.

“We certainly do not want to end up as a society where people rely solely on the government. It’s about all of us – government, businesses, workers and unions, community groups and civil society – doing our part,” he said.

“That’s how my team and I intend to lead. Not just doing things for Singaporeans – but doing things with Singaporeans.”

The nation cannot stand still as it looks beyond SG60, as standing still today is the same as falling behind, said PM Wong.

He urged Singaporeans to dream bigger, be bolder in pushing new frontiers, and be ready to try new things, even if they stumble or fall.

“We take pride in whatever we do, and strive to be the best possible versions of ourselves,” he said.

“We never give up and we never let each other down. That’s how we’ve achieved exceptional performance. That’s how we will continue to stay exceptional – as a people and a country.”

GST hike did not ‘turbocharge’ inflation, says PM Lawrence Wong as he acknowledges cost-of-living concerns

Budget 2025 Debate Round Up Speech

This Government will always uphold fiscal responsibility, says PM Lawrence Wong

By Wong Pei Ting, The Straits Times, 1 Mar 2025

The PAP Government will never take risks with Singaporeans’ lives and their future – this means ensuring that it keeps public finances healthy year after year and spending within its means, said Prime Minister Lawrence Wong.

PM Wong also cautioned against attempts to portray a healthy surplus as somehow detrimental to Singaporeans as he addressed criticism from opposition MPs about poor budget marksmanship.

“Let’s try not to put a wedge between the Government and the people... A strong fiscal position for Singapore is not at the expense of Singaporeans,” he said. “In fact, it benefits Singaporeans in so many ways, because we are able to invest more in Singaporeans.”

In an hour-long speech wrapping up the Budget debate on Feb 28, he also responded to the opposition’s suggestion that the Government had raised the goods and services tax earlier than it needed to, given an expected surplus of $6.4 billion for financial year 2024, compared with the $778 million that had earlier been projected.

Singapore is in a strong fiscal position today precisely because it took the necessary steps early in this term of government to raise revenues ahead of expected structural spending needs as the population ages, said PM Wong.

While the Republic was fighting the Covid-19 pandemic, it could already foresee spending needs going up on the horizon.

“This was 2020, 2021 – we had no way of knowing when the pandemic would end, how the virus would mutate, how many more new waves of infection would we face, how many more restrictions we have to impose, and how much deeper a fiscal hole we would end up with,” PM Wong said.

The authorities made the decision to proceed with the GST increase in Budget 2022, accompanied by enhancements to a package to delay the increase for most Singaporean households, when there were signs that the economy had stabilised.

“We must ask ourselves, do we want short-term populism or long-term stability?” PM Wong asked. “Do we want to kick the can down the road or take the hard but necessary decisions?”

With the GST increase in place, the Government has the additional revenues – mostly from those who are better off, foreigners and tourists – that it needs to improve healthcare infrastructure and take better care of seniors, he said.

Were it not for the GST hike, and unexpected upsides in corporate income tax collections, FY2024 would have ended in deficit, as would projections for FY2025, he added.

“That would have meant less funding for essential services, less support for our seniors and fewer resources to invest in our future,” he said.

“Basically, Singapore and Singaporeans would have ended up in a much weaker position.”

PM Wong refuted Leader of the Opposition and Workers’ Party (WP) chief Pritam Singh’s proposition that the GST hike had “turbocharged” inflation.

As Singapore is a small and open economy, inflation was driven primarily by global factors, such as war and supply chain disruptions, said the Prime Minister.

In the two years when GST was raised, price increases actually moderated, from 6.1 per cent in 2022 to 4.8 per cent in 2023 and 2.4 per cent in 2024, he pointed out.

He noted that in most countries, poor budget marksmanship refers to when governments severely overestimate revenue collections and underestimate expenditures.

This results in unfunded promises that a country cannot keep, because there is not enough money. Alternatively, it borrows to meet these commitments, thereby leaving a growing burden for the next generation.

This is not the case in Singapore, as the Republic practises responsible and prudent budgeting, PM Wong said.

Earlier in the debate, Mr Singh had called the Government’s fiscal projections “so unpredictable, but somehow always so healthy when elections have to be called”.

This point was echoed by Progress Singapore Party (PSP) Non-Constituency MP Leong Mun Wai, who said that “so much pain” had been inflicted on Singaporeans by the decision to raise GST in 2023 and 2024.

PM Wong said that, ultimately, it was not a matter of marksmanship, but a question of right or wrong fiscal principles.

“The WP and the PSP may think that we are being overly cautious in our projections, but this Government will never take risks with Singaporeans’ lives and future,” he said.

This includes raising revenues should new spending needs arise, he added.

On the charge by opposition MPs that the Government had been relying on temporary measures such as vouchers to deal with cost pressures instead of making structural reforms, PM Wong said that cost-of-living support and the SG60 package accounted for just 5 per cent of the Budget.

A far larger part of government spending is in structural programmes such as SkillsFuture to empower Singaporeans through skills and job training, he said.

“This will ensure Singaporeans do not just receive help, but are able to stand on their own feet and seize better opportunities for themselves and thrive in a rapidly changing world,” he said.

Objectively speaking, this has helped Singaporean households across different income levels achieve higher real income growth in the past decade than countries like the United States and Japan, he added.

For instance, the bottom 20 per cent of households here saw their wages rise 3.6 per cent per annum between 2013 and 2023, compared with 2.1 per cent in the US and minus 1.6 per cent in Japan.

Singapore’s fiscal approach has also stood it in good stead – while many countries use their tax revenues to service interest payments, the Republic instead receives an annual boost from its investment returns.

“Countries that have this luxury of investment returns are the ones that are endowed with oil and gas or some other natural resources – they have been blessed by the heavens with these endowments,” PM Wong said.

‘We have nothing, and yet we are in this position. It is truly unique, and it is a Singapore miracle.”

Singapore’s fiscal strength is a vital source of competitive advantage in these turbulent times, which look likely to get worse, said PM Wong.

He flagged the ongoing wars in Europe and the Middle East, and the possibility of conflict in Asia.

Today’s environment means global responses to these threats will sadly not be as well coordinated or effective as before, he added.

“But in Singapore, we know that if such shocks were to arise, we have the ability to respond swiftly to them, like we did during Covid-19,” he said.

“Our reserves and our fiscal strength will enable us to protect Singaporeans when it matters, and to turn adversity into opportunity.”

In a Facebook post in the evening, Senior Minister Lee Hsien Loong said Singapore must continue to spend prudently, so that it can tackle and recover from future challenges swiftly, as it did with Covid-19.

Reflecting on SG60 – the country’s 60th year of independence – SM Lee said the country’s strong fiscal footing has been built through the careful stewardship of the earlier generations. He said: “It gives us confidence to move forward sustainably, so that future generations can enjoy the fruits of Singapore’s progress.”

PM Wong said the Government’s approach has also achieved outcomes that reflect Singapore’s values as a society – one that is fair, prudent and progressive, where the better off contribute more to lift up those with less.

For instance, the bottom quintile of households receives $4 in benefits for every dollar of tax paid, while the top quintile of income earners receives 30 cents.

“There is no fiscal system in the world that can deliver perfect precision and equity. But I think we have found an approach in Singapore that works for us,” he said. “It’s not perfect, but we continue to make it better.”

At the end of the day, PM Wong said, Singaporeans will decide whether they prefer a government that underestimates needs and spends more from the reserves, leaving the country weaker, or one that steadfastly upholds fiscal responsibility and discipline so that current and future generations have the resources to handle unexpected challenges.

“We will continue to do our best to convince Singaporeans that ours is the right approach. It has served us well these last 60 years, and it will continue to keep Singapore on the right track in the years ahead,” he said.

Singapore Budget 2025: Onward Together for a Better Tomorrow

PM Lawrence Wong unveils bumper SG60 Budget for all Singaporeans

By Goh Yan Han, The Straits Times, 19 Feb 2025

Every Singaporean will receive something from Budget 2025, from vouchers for all adults to personal income tax rebates, as part of an SG60 package.

Prime Minister Lawrence Wong on Feb 18 unveiled what he termed “a Budget for all Singaporeans”, which includes expanding existing schemes to benefit more citizens and greater support for seniors as well as the vulnerable.

He also set out measures to grow Singapore’s economy, help workers upskill and meet its green targets.

The broad suite of measures announced tally up to a record $143.1 billion, an increase from the $134.2 billion spent in the 2024 financial year.

This is about 18.7 per cent of Singapore’s gross domestic product, and is in line with projected trends for government spending that is expected to reach about 20 per cent of GDP by 2030.

The moves are financed by changes to the tax system made earlier in this parliamentary term that put Singapore “on a stronger fiscal footing”, and larger-than-expected revenue collections.

Corporate income tax collections were more than expected in the 2024 financial year. This is now the single largest contributor to total government revenue, higher than the Net Investment Returns Contribution (NIRC), said PM Wong as he set out the Government’s fiscal position. The NIRC refers to the returns on investments of Singapore’s reserves.

He expects a surplus of $6.8 billion, or 0.9 per cent of GDP, for the 2025 financial year.

“When Singapore thrives, every citizen benefits,” said PM Wong, who is also Finance Minister.

“Every Singaporean is supported from birth to old age, with more support given to those with less. No one is left behind.”

PM Wong said the Budget was “shaped together with all Singaporeans”. It lays out the second instalment of plans on the Forward Singapore agenda, which seeks to keep society strong and united.

He noted that Singapore has to navigate a turbulent external environment, with the US and China locked in a fierce contest for global supremacy. Despite the global uncertainties, the Republic can look ahead with a degree of confidence as it is far stronger than it was 60 years ago, he added.

Noting that 2025 marks the country’s 60th year of independence, PM Wong said: “It has been a remarkable journey, reflecting the grit and resilience of generations of Singaporeans in building our nation.”

Something for all Singaporeans

He announced a new SG60 package to recognise the contributions of all Singaporeans and share the benefits of the nation’s progress.

In July, all Singaporeans aged 21 to 59 will receive $600 in SG60 vouchers, while those aged 60 and above will get $800. These vouchers, amounting to about $2 billion, will function like the CDC ones.

Under the package, individuals will also get a 60 per cent personal income tax rebate, capped at $200, for the 2025 year of assessment.

All Singaporean babies born this year will get an SG60 Baby Gift, PM Wong added, among other measures in the package.

The hotly anticipated Budget, which comes ahead of an upcoming general election widely expected by mid-year, also tackles top-of-mind issues for Singaporeans such as cost-of-living pressures and job insecurity.

To alleviate rising costs, PM Wong announced another $800 of CDC vouchers for all Singaporean households, totalling about $1 billion. The first $500 will be given out in May 2025, while the remaining $300 will be issued in January 2026.

He also announced more utility rebates and credits for families with children to defray household expenses.

While inflation is expected to ease further in 2025, PM Wong acknowledged that Singaporeans are still adjusting to new price realities. “We will continue to provide support for as long as needed, within our means,” he said.

To help parents who have or plan to have three or more children, PM Wong detailed a new Large Families Scheme.

The scheme will disburse $16,000 to such families for each third and subsequent child born from Feb 18, and help to cover pre-school and healthcare expenses, as well as household spending.

PM Wong also announced that several schemes will be extended to private property owners, including the climate vouchers programme that all Housing Board households can currently tap to buy energy- and water-efficient household appliances.

HDB households will get an additional $100, on top of the $300 they received last year, while households in private properties will get $400 in climate vouchers.

The Enhancement for Active Seniors (EASE) scheme that provides subsidised senior-friendly fittings and installations in HDB households will be extended to private property households up to 2028, said PM Wong.

Supporting workers, securing the future

While the Government has taken measures to mitigate the impact of rising costs, the best way in the longer term to adjust to higher prices is to grow the economy and increase productivity, he said.

Dedicating a significant portion of his Budget speech to new moves to grow the economy, he announced more funding for research and development and a new $1 billion fund to provide more financing options for high-growth local enterprises.

At the same time, workers must be equipped with the skills needed to stay competitive and relevant, said PM Wong.

He said that the SkillsFuture Level-Up Programme, announced in 2024 to support mid-career Singaporeans who are upskilling full-time, will also be extended to part-time training.

The Workfare Skills Support scheme, which currently covers short courses for lower-wage workers, will have an enhanced tier of support that covers longer-form courses, he added.

The Prime Minister also outlined measures to support more vulnerable groups of workers, including older workers, former offenders looking to reintegrate into society, and people with disabilities.

PM Wong said the Budget also lays the groundwork for the country to become stronger and more resilient.

It includes measures to tackle climate change, like a $5 billion top-up to the Coastal and Flood Protection Fund. The fund covers long-term plans such as land reclamation for Long Island and structures like sea walls and tidal gates.

Singapore will need to have its own domestic sources of clean power to ensure greater energy resilience, PM Wong said, adding that the country will study the potential deployment of nuclear power and take further steps to systematically build up capabilities in this area.

Apart from plans to access more sources of clean energy, the Government will accelerate efforts to decarbonise the transport sector, he said.

It will roll out a new emissions scheme and electric charging grant to incentivise the purchase of clean energy variants of heavy vehicles. Adoption of such vehicles has been slower compared with that of electric and hybrid cars.

Singapore will continue to improve its public transport system, said PM Wong, noting that $60 billion will be invested in this decade to grow and renew the rail network.

“We are continuing to study how our rail network can be expanded,” he added.

Concluding his speech, PM Wong said Singaporeans have to brace themselves for new challenges in the next phase of nation building.

The country has confronted tough external circumstances repeatedly over the past six decades, and “we can draw confidence from what we have been through together”, he added.

At every turn, Singaporeans have chosen determination over despair, innovation over stagnation, and solidarity over division, said PM Wong.

“Budget 2025 sets out clear plans for us to continue this journey with confidence.”

Jobseeker Support scheme to start from April 2025 for Singapore workers who earned $5,000 or less a month

SkillsFuture Jobseeker Support scheme to benefit around 60,000 Singapore residents per year

Eligible involuntarily unemployed persons will receive up to $6,000 over six months

By Tay Hong Yi, The Straits Times, 28 Aug 2024

About 60,000 jobless Singapore residents will stand to benefit each year from a new job seeker support scheme to be rolled out next April.

To be eligible for the SkillsFuture Jobseeker Support, they must have earned $5,000 or less a month on average for the duration of their previous employment within the last 12 months. They also cannot live in a property with an annual value of more than $25,000.

The annual value of property is the estimated gross annual rent if it were to be rented out, according to the Inland Revenue Authority of Singapore.

They will receive up to $6,000 over six months, starting with $1,500 in the first month, and subsequently tapering down, if they meet the requirements.

However, the monthly payouts are capped at an individual’s previous-drawn monthly salary, and they stop once the jobless person finds work.

Those who have received payouts will not be able to make another application within three years of their last scheme payout, but there is otherwise no limit on how many times they can be covered by this scheme.

They must also have worked for at least six out of the 12 months preceding their application for the scheme, which will be implemented by Workforce Singapore (WSG).

Manpower Minister Tan See Leng unveiled the scheme’s eligibility criteria during a visit to the Devan Nair Institute for Employment and Employability in Jurong East on Aug 27 to witness a career coaching class.

This follows Prime Minister Lawrence Wong’s announcement on the maximum duration and payout of the scheme during his maiden National Day Rally speech on Aug 18.

More than 60 per cent of those who are involuntarily unemployed, which broadly refers to those who did not initiate their termination from previous employment, are set to qualify. They include those who are retrenched or dismissed, or whose companies have gone bust.

The scheme will be open to Singaporeans aged 21 and above at launch, before being extended to permanent residents aged 21 and above from the first quarter of 2026.

The Government will also provide a one-off concession to Singaporean job seekers who lost their jobs on or after April 1, 2024, and remain so even when the scheme kicks off in April 2025, despite them having not worked for at least six of the 12 months before their application.

Fewer than 2,000 people are expected to fall under the concession, a Ministry of Manpower (MOM) spokeswoman told reporters at a media briefing on Aug 27.

She also said the scheme, which will be reviewed regularly, is expected to cost about $200 million a year.

The $5,000 wage threshold, at slightly above the median gross monthly income of $4,550, was set to ensure that lower- and middle-income workers would be covered, she added.

Asked if the cap on monthly payouts to an individual’s previous-drawn monthly salary would mean job seekers previously earning less than the payouts have less support despite being more in need, she said the cap is meant to ensure that workers will not try to get involuntarily unemployed to earn more than their pay.

“It’s very important to come back to the principle that we want people to bounce back into employment... So, in order to do that, what’s most important is that the person holds on to the job, and the payout quantums do need to be designed in such a way as to incentivise this,” she added.

MOM and WSG said in a joint statement issued on Aug 27 that the scheme comes with support for an individual’s job search beyond the payouts, and complements other training and social support schemes.

“The payout quantum is not sized to meet the needs of households facing financial distress as a result of a household member becoming involuntarily unemployed, as (SkillsFuture Jobseeker Support) is not a social assistance scheme,” they said.

This means job seekers can still benefit from social support schemes such as ComCare Short-to-Medium-Term Assistance (SMTA).

ComCare SMTA provides temporary financial aid and other forms of help to tide recipients over tough times as they are looking for a job or are ill, among other reasons.

MOM and WSG said those who undertake reskilling or upskilling can still receive additional training allowances that they qualify for separately, such as the SkillsFuture Mid-Career Training Allowance.

Those receiving payouts will also need to demonstrate that they are actively seeking a job, such as through submitting job applications, attending career coaching, or participating in eligible training courses.

Asked to elaborate on how someone can show he is doing so, a WSG spokesman said: “I think these are details that we are still working on, but very broadly speaking, we do expect applicants to submit some form of documentation, and we will check this documentation.”

He added that more details will be shared closer to the launch date.

In response to a question from The Straits Times on whether eligible job seekers would be invited to apply for the scheme, the WSG spokesman said the agency already reaches out to employers who cut jobs to tell them about the support that affected workers can tap, which would include the new scheme moving forward.

In his speech, Dr Tan said the scheme marks a paradigm shift for the Government, in providing interim support to others who may face financial pressures when involuntarily unemployed, beyond the most vulnerable in society.

National Day Rally 2024: A Singapore Where We Realise Our Dreams

Prime Minister Lawrence Wong sets out major reset of policies and his vision for Singapore

By Goh Yan Han, Political Correspondent, The Straits Times, 19 Aug 2024

New parents will have more paid leave while lower- and middle-income workers who lose their jobs will get temporary financial help, said Prime Minister Lawrence Wong as he outlined his vision for a refreshed Singapore dream.

In his maiden National Day Rally speech on Aug 18, PM Wong said the nation has reached a stage where everyone wants a Singapore where people thrive on their own terms, in ways that are less prescribed and determined; and where people support one another.

“Realising our new ambitions will require a major reset – a major reset in policies, to be sure; but also a reset in our attitudes,” he said.

PM Wong also pledged to look after various groups of Singaporeans, including the elderly, families and lower-income households, while asking for the people’s support in charting a new way forward amid an uncertain geopolitical environment.

The policy shifts will unfold over several years, he said, adding: “To achieve our shared goals, I need your help. Because making the lasting changes we are aiming for will require a mindset shift in all of us.”

PM Wong, who was sworn in as Singapore’s fourth head of government in May, said he has not changed, despite the bigger responsibility.

“I may be Prime Minister. But I’m also a fellow citizen and friend, sharing the same experiences and concerns as all of you,” he said in his address to the nation in Malay, Mandarin and English at ITE College Central in Ang Mo Kio.

“I am here to serve you and our country and I pledge to give my all to this endeavour.”

As Singapore writes the next chapter of its story, the country will have to contend with profound changes such as the intensifying rivalry between America and China, rapid technological disruptions and climate change, he said.

Recounting how founding prime minister Lee Kuan Yew had once said the country needs a government that is both prudent and bold, PM Wong said his team will adopt the same approach.

“We will be prudent. To honour and respect the past, to uphold the fundamentals that have served us well, and remain relevant to us. But we must and we will be bold.”

He added that the Government will look for fresh and better solutions, and choose the best way forward for Singapore.

One such shift is the SkillsFuture Jobseeker Support scheme to help lower- and middle-income workers who are involuntarily unemployed, for instance when they are retrenched or their companies go bust.

This scheme, first announced at the 2023 Rally, will provide temporary financial support for such workers – up to a total of $6,000 over a period of up to six months.

These workers will also have to do their part, by going for training, career coaching and job matching services, said PM Wong.

Manpower Minister Tan See Leng will provide more details about the scheme later.

Another key pillar of the speech centred on support for families, through more paternity leave and shared parental leave.

While paternity leave had been doubled from two to four weeks earlier in 2024, the additional time was voluntarily offered by employers.

From April 1, 2025, this will become mandatory, said PM Wong.

He also announced that parents will get an additional 10 weeks of shared parental leave, which can be utilised by fathers or mothers.

This will replace the current arrangement where husbands can share up to four weeks of their wives’ 16 weeks of maternity leave.

The new initiative will start with six weeks for babies born from April 1, 2025, and be increased to the full 10 weeks a year later, said PM Wong, as he stressed the need for a change in mindsets.

“Some of us still believe that fathers should be the exclusive breadwinners, and mothers, the main caregivers. That has to change,” he said.

PM Wong also called for attitudinal shifts in education, noting that while Singapore has a solid education system, it is also competitive and can lead to anxiety, pressure and stress.

“It’s important to refocus on the objectives of education: it’s about sparking a joy for learning; and helping every child realise their full potential,” he said.

Moves have been made in recent years to improve the education system, such as changes to the Primary School Leaving Examination scoring system and the removal of streaming – policies once termed as “sacred cows” by observers that have since seen new approaches.

Another longstanding policy will be updated after 40 years.

PM Wong said the current form of the Gifted Education Programme in primary schools will be discontinued, and replaced with a new approach that will equip all primary schools with their own programmes to stretch their own high-ability learners.

“This is a significant change. But it is also consistent with our philosophy in education… Whatever the start points, we will help everyone to learn, develop and grow, and realise your full potential,” said PM Wong.

Harking back to one of the themes of the Forward Singapore conversations, he also stressed the Government’s commitment to providing multiple pathways to success.

PM Wong said he wants to see a Singapore “where we don’t pigeonhole, or typecast, people based on their backgrounds or the schools they go to”.

“Where everyone can strive and excel, take pride in what they do, and be recognised for their efforts and work. Together we can make this happen.”

Turning to housing, he acknowledged the concerns of many Singaporeans about housing prices.

The Government is pressing on with efforts to make flats more affordable, he said, announcing that the Enhanced CPF Housing Grant will be increased, in particular for lower-income groups. The grant currently gives eligible first-timer families up to $80,000 to buy their new or resale flat.

“This is my assurance to all young Singaporeans… we will make sure that there is an HDB flat that is within your budget, in every region. We will always keep public housing in Singapore affordable for you,” he said.

On the infrastructure front, PM Wong unveiled the Kallang Alive Masterplan that is meant to unlock the full potential of the Sports Hub and the surrounding area, and strengthen the sporting culture in Singapore.

This includes building a new indoor arena, moving the Sports School over from Woodlands, consolidating the national training centres for several key sports under one roof, and having a community boulevard with sporting facilities and programmes.

Concluding his speech, PM Wong reiterated his belief that Singapore’s best days lie ahead of it.

“We have new ambitions to pursue. We are taking bold steps to turn our hopes into reality. We can be a society where every citizen is respected, every voice is heard, every dream is nurtured,” he said.

“We can be a nation where everyone can flourish, thrive, and be the best possible version of ourselves.”