Singapore is one of the few triple-A credit rated countries left in the world. We are rated triple-A because of fiscal prudence and strong fundamentals.
Like DPM Heng Swee Keat said, Singapore has achieved world-leading outcomes while running one of the leanest governments in the world.
Until the pandemic, the Singapore Government has operated balanced budgets. In fact, it was the WP that was always pressurizing the Government to spend more, including more from reserves.
The WP called for an independent budget office to do what the WP MPs were elected to do. They have decided to delegate their responsibility to an independent office while completely ignoring the robust system of checks that we have. This include the Public Accounts Committee and Estimates Committee, both of which WP is also represented!
What's there left for WP to do in Parliament when government policies and budget spending will be scrutinised by an independent office?
If there is nothing left for them to do, in the name of scrutinising expenditure, we should ask why we spend so much taxpayers' money on the Leader of the Opposition and 8 WP MPs who have next to nothing to do in Parliament?
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