22
February
2018
|
17:45
Asia/Singapore
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.