Workers' Party to table motion calling for an 'economy of the future' for all Singaporeans
"This is our attempt to answer the pressing questions of the day and to write our own economic playbook," said WP MP Kenneth Tiong.
The Workers' Party (WP) will introduce a motion in parliament on Tuesday (Aug 4) advocating for an "economy of the future" that caters to all Singaporeans, according to MP Kenneth Tiong. The opposition party's economic playbook aims to address pressing questions and present its vision for a more equal and inclusive economy. The motion, proposed by Ken Tiong and Jamus Lim, emphasizes the need for opportunities for entrepreneurs, success for households and businesses, and thriving workers.
Although Singapore's Economic Strategy Review (ESR) report presents 32 recommendations, the WP believes there are gaps in its vision and offers an alternative path forward. WP MPs will address concerns of young Singaporeans struggling to find their footing and small local businesses finding it challenging to sustain their operations.
The opposition party aims to create a dynamic enterprise and innovation ecosystem that maximizes value despite high business costs and physical constraints.
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