Singapore Election 2011

Latest news and updates about Singapore's 14th GE

SDP’s election manifesto calls for increased spending on Singaporeans

Posted by singaporege2011 on April 28, 2011

The Singapore Democratic Party unveiled a comprehensive election manifesto today which touches on a variety of issues from the economy, housing and social ones such as national service and women’s rights.

In it, the SDP proposes reducing GST from seven to three per cent and remove GST for essentials such as rice, oil and medicine It will halve utilities fees, reduce public transport fares by 20 per cent,  increase spending on the poor and introduce a minimum wage.

As for its solution to make public housing more affordable, the SDP’s manifesto proposes a ‘zero-profit’ venture where flats are priced to allowe HDB to break even on the cost of building them instead of pricing them in the open market which has led to sky-rocketing prices in the last few years.

SDP candidate for Holland-Bukit Timah GRC and the former principal private secretary to then-DPM Goh Chok Tong Mr Tan Jee Say proposed funding SDP’s plans using Singapore’s reserves or by divesting assets from Temasek Holdings.

When queried on the PAP regime’s reluctance to spend the reserves on Singaporeans, Mr Tan retorted that the nation’s coffers are the hard-earned savings of Singaporeans and “don’t belong to the PAP alone”.

“I’m not saying that we take every single dollar from the reserves. The official figure I know is S$200 to S$300 billion but obviously it’s much more than that. I’m only asking for S$60 billion, not much, it’s small change,” he added.

Despite being an opposition party with limited resources, SDP has managed to come up with an impressive, practical and detailed manifesto which put the PAP’s 13-page manifesto to shame.

Read SDP’s election manifesto here.

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