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GE2020: Progress Singapore Party launches manifesto, says ‘economy must serve Singaporeans, rather than the other way around’

Jun 29, 2020 | 🚀 Fathership
SINGAPORE: The Progress Singapore Party on Monday launched its 2020 General Election manifesto, which among other goals aims to ensure that Singaporeans enjoy the fruits of the country's economic growth.

The 13-page manifesto, which also saw the unveiling of the party's campaign slogan "You Deserve Better", is divided into three sections: Economic development, social development and political development, all looking at how the PSP can build an "Alternative vision" for Singapore.

"To PSP, wage is not just a business cost, it is the livelihood of Singaporeans, bearing in mind our guiding principle that our economy is there to serve the people, we would not be pursuing economic growth at the expense of wages."

On the social development front, the PSP also said in its manifesto that it would want to exempt "Basic necessities" from the Goods and Services Tax as well as freeze tax and fee increases for the next five years.

In order to make Housing and Development Board flats affordable, PSP added in its manifesto that it would like to peg the prices of new flats to income levels.