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- Policy announcements: Prime Minister Lawrence Wong has announced policies to support the middle class, address societal concerns, and maintain social stability in Singapore.
- Housing Affordability: Enhanced subsidies and adjusted income ceilings aim to make public housing more accessible for middle-income families, addressing the rising costs of private housing.
- Healthcare and Social Security: Increased healthcare subsidies and expanded CPF contributions are designed to ease the financial burden on the middle class, particularly in the face of rising medical costs.
- Education and Skills Development: Expanded subsidies for skills upgrading and lifelong learning seek to boost middle-class workers’ adaptability in a rapidly changing economy, ensuring continued upward mobility.
- Cost of Living Relief: Targeted financial relief, such as utility bill rebates and tax reliefs, aims to mitigate the pressures of rising living costs on middle-income households.
- Social Cohesion and Inequality: These policies aim to address middle-class disillusionment and prevent social fractures by ensuring economic opportunities remain accessible and social harmony is maintained amidst growing inequality.
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