What is unfair about the current arrangement is that the - TopicsExpress



          

What is unfair about the current arrangement is that the investment returns generated by the government are not given back to Singaporeans. We earn a paltry 2.5% to 4% on our CPF accounts, but every indication has been that GIC and Temasek have earned returns far in excess of that. We, as Singaporeans, have the right to demand that more of those investment returns accrue to us. We must demand that more investment returns generated by GIC and Temasek be used to build up Singapore’s infrastructure, which has in recent years been heavily burdened by our rapidly expanding population. Our public transport system has been strained to the limit. Overcrowding is rife. Our roads, our shopping hubs, are all feeling the strain. We need serious investment into building public and housing infrastructure that can accommodate our greatly expanded population.
Posted on: Sat, 23 Nov 2013 02:33:23 +0000

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