22
February
2018
|
10:45
Europe/Amsterdam

Why we shouldn’t ask for Budget hongbao

Asst Prof Ng Kok Hoe of the Lee Kuan Yew School of Public Policy at NUS discussed the risks to overreliance on irregular transfers – one-off cash payments such as the SG Bonus. He opined that irregular transfers on this scale draw resources and attention away from dealing with the challenges facing society in a more considered and purposeful way.