Speech by Deputy Prime Minister and Minister for Finance Lawrence Wong at the launch of the Forward Singapore Exercise on 28 June 2022.
This way, we can accord these workers a greater sense of dignity and sufficiency in life, and the opportunity to continue to improve their lives For it is only when we all chip in that we can better support one another, especially the most vulnerable amongst us, to weather the storms that may come our way. How can we strengthen our overall system of learning, not just in schools and formal education, but lifelong education, so that our people can continually upgrade their skills and secure better jobs? I want to assure everyone, Singaporeans and Singaporean workers will always be at the centre of everything we do. Instead, we have invested heavily in skills upgrading and retraining – and will continue to do so – so that Singaporeans are better equipped to compete fairly for good jobs. How can we as a society better assure Singaporeans and better care for their needs in this volatile and unpredictable world? This is why my 4G colleagues and I think we should take a step back to reflect on where we are today, where we want to be in the future, and how we can get there together. At this juncture – as we prepare for a post-pandemic world; as we navigate an increasingly treacherous geo-political situation; as my 4G team and I prepare to take on the mantle and lead Singapore forward – let us re-affirm our fundamental values, re-examine our principles, re-view our priorities and policies – and chart our new way forward together. We are still creating many new jobs, thanks to the investments that we have been able to attract from overseas, as well as the growth of our own companies and the skills of our workers. A social compact that is deemed fair by all segments of society will strengthen social capital and foster trust, and this is what will enable us to progress together as a nation. We can be a bastion of stability and opportunity in this world. In turn, the Government provided a stable and conducive environment – which enabled businesses to grow and create jobs, and importantly, to share the fruits of progress with all workers
Deputy Prime Minister (DPM) and Finance Minister Lawrence Wong's Forward Singapore exercise to "review and refresh Singapore's social compact" will be organised ...
And this is what enables us to progress together as a nation." The exercise hopes to elicit the views and ideas of Singaporeans. The year-long exercise will result in the reviewing and updating of policies and the establishment of partnerships with stakeholders to implement changes.
THE nationwide Forward Singapore exercise, which aims to review and refresh the country's social compact, will be organised along 6 pillars, each headed by ...
SINGAPORE: Deputy Prime Minister Lawrence Wong on Tuesday (Jun 28) launched a year-long exercise that will "review and refresh Singapore's social compact".
So we know in our guts it cannot be business-as-usual," said the Deputy Prime Minister. And what are our obligations as individuals to one another and to society at large?" "What should the Government, employers and the community do for workers and individuals? It's about the respective roles and responsibilities of various groups," said Mr Wong, who is also the Finance Minister. Known as Forward Singapore, the exercise will be led by Mr Wong and the fourth generation, or 4G, leadership team. Advertisement
In launching Forward Singapore on Tuesday (June 28), Deputy Prime Minister Lawrence Wong said that the new year-long public consultation exercise is aimed ...
Sometimes, those who do not meet the traditional yardsticks of merit may find opportunities closed to them. Economically, we are in better shape than most. We are fortunate to have inherited a well-endowed Singapore. We owe this to the foresight and prudence of past generations. This way, we can accord these workers a greater sense of dignity and sufficiency in life, and the opportunity to continue to improve their lives. For example, how can we get employers to hire and promote staff, not just on the basis of credentials, not because of a piece of paper, but on the basis of their skills and actual work performance? The most important change is not something that the Government can legislate into reality: We must all, as a society, learn to value the contributions of every worker in every profession and every field. In fact, I made a series of moves in the Budget this year to do this, and we will continue to study what more needs to be done. Together, we developed our unique tripartite system. How can each of us contribute? Together, we’ve uplifted generations of Singaporeans. We are still creating many new jobs, thanks to the investments that we have been able to attract from overseas, as well as the growth of our own companies and the skills of our workers. Thank you very much!
DPM Wong outlined four key areas where the social compact can evolve: the economy, meritocracy, social support and solidarity.
Third, technological and economic disruptions call for a review of whether current social support is adequate. We need to turn challenges into opportunities, and find the silver lining in whatever comes our way. “If our social compact fails, a large segment of Singaporeans will come to feel estranged from the rest of society, believing the system is not on their side. These are his hopes for the future, but he cannot make this a reality alone. “Sometimes, those who do not meet the traditional yardsticks of merit may find opportunities closed to them. This is what enables us to progress together as a nation.” Earlier, he had announced that the 4G team will embark on an exercise to “review and refresh [Singapore’s] social compact, and chart a roadmap for the next decade and beyond.” It’s about the respective roles and responsibilities of various groups,” explained DPM Wong. As such, there has been “mounting anxieties” among many of being displaced by others. Economically, we are in a better shape than most,” he remarked. What can we do now to secure the future we hope for? How can each of us contribute to this process?”
One aspect is a “more open and compassionate meritocracy”, as Wong put it. In the past, the focus tended to be on helping low-income workers get “better” jobs.
For the empower pillar, Minister for Manpower Tan See Leng, Secretary-General Ng Chee Meng, and Senior Minister of State Koh Poh Koon will focus on the economy ...
The unite pillar, which allows commitment to citizenship, tapped as leaders are Minister for Culture, Community, and Youth, and Second Minister for Law Edwin Tong, Minister of Prime Minister’s Office, Second Minister for Education and Foreign Affairs Maliki Osman, and Senior Minister of State, Ministry of Communications and Information and Ministry of Health Janil Puthucheary. To enhance Singaporean’s living environment, leaders of build pillar are Desmond Lee, who is Minister for National Development and Minister-in-charge of Social Services Integration, S Iswaran, who is Minister for Transport and Minister-in-charge of Trade Relations, Josephine Teo, who is Minister for Communications and Information and Second Minister for Home Affairs, and Sim Ann, who is Senior Minister of State, Ministry of Foreign Affairs and Ministry of National Development. They will help “empower every Singaporean to have lifelong employability in a more competitive economy amidst an uncertain world.”