House debates cost of living; Govt to do more if needed

WP MPs call for review of policies; minister highlights efforts to help needy

- Goh Yan Han

Cost-of-living pressures dominated discussions for seven hours in Parliament on Tuesday, with MPs on both sides agreeing it was a concern, and concurring that aid must be given to those who need it.

But People's Action Party (PAP) and Workers' Party (WP) MPs had their differences, with the WP focusing on structural changes such as tiered pricing for utilities rather than one-off fiscal payouts.

The ruling party, meanwhile, emphasised the existing suite of policies for those in need, especially the lower-income groups, and said the Government is open to doing more if needed.

"The Government hears you and understands your worries," said Acting Transport Minister and Senior Minister of State for Finance Chee Hong Tat.

"That's why we have been doing more to support Singaporeans to cushion the impact of rising prices. We review our support regularly and step in to enhance it where necessary to provide additional support, especially for lower- and middle-income families."

This includes means-tested USave utility rebates, the GST Voucher scheme and the Assurance Package, meant to offset the goods and services tax (GST) rate increase. The package has been enhanced twice since it was launched in 2022.

The Government will continue to monitor trends closely and is prepared to do more to support Singaporeans should it become necessary, said Mr Chee.

"We will do so in a manner which is fair, effective and sustainable for both current and future generations," he added.