Singapore’s Budget 2024 Expected to Introduce New Family and Social Support Measures
Singapore’s Budget 2024 is likely to focus on strengthening social support, with measures aimed at encouraging parenthood, assisting caregivers, and promoting healthy ageing. These initiatives align with the Forward Singapore report, which highlighted seven key policy shifts based on extensive public engagement.
Among the expected priorities are enhanced support for young parents and lower-income families, as well as re-employment assistance for displaced workers. Additionally, enhancements to the SkillsFuture programme may be introduced to help individuals upskill and remain competitive in the evolving job market.
With Singaporeans calling for a more inclusive and resilient society, Budget 2024 could serve as a crucial step in addressing social challenges and ensuring long-term sustainability in family and workforce policies.
