Lee Steps Up Support for Singaporeans as Economic Revamp Bites
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Singapore Prime Minister Lee Hsien Loong pledged to improve housing affordability and revamp its health-care system, increasing support for citizens as the economy adjusts to an aging population and tighter labor supply.
In his annual National Day Rally policy address yesterday, Lee also announced changes to the education system and unveiled long-term plans to free up space near the central business district for housing, offices and recreation. The government will provide help to companies struggling as it tightens the intake of foreign labor, he said.