On February 20th 2017, Singapore’s 51st Budget will be announced in Parliament by Finance Minister Heng Swee Keat. Exclusive Blackbox polling on the Budget shows that Singaporeans have the economy very much at the forefront of their minds. They are now increasingly worried about future job prospects for older professionals, managers, executives and technicians (PMETs). Despite satisfaction amongst the general public with future adult educational opportunities (70%) and SkillsFuture (72%), this is not translating into confidence about older professionals’ job prospects. Clearly, with tough economic times persisting, fears are rising amongst white collar professionals, who are now looking to the Government for leadership as the Singapore economy transforms.
Besides the economy, healthcare is also a clear worry for the Government: only 34% of Singaporeans are satisfied with current cost levels and only 39% are satisfied with clinic waiting times.
Further findings from Blackbox’s pre-Budget polling show:
- Two-thirds (66%) of Singaporeans think that the priority for the 2017 Budget should be on the economy and employment opportunities, vs. 17% who think that priority should be given to healthcare, 8% on social welfare, 7% on transport, 6% on education and 4% on housing.
- 34% of Singaporeans say that the top economic priority should be job opportunities for PMETs. Currently, 34% of Singaporeans are satisfied with job opportunities for older PMETs, vs. 41% who are satisfied with opportunities for older blue collar workers.
- In terms of new measures required across policy areas, Singaporeans responded as follows:
- Singaporeans also expressed their priorities in the following areas: