Response to Singapore's reported high cost-of-living -- DPM Tharman Shanmugaratnam

Speaking during the Budget Round-Up Speech, DPM Tharman explains that recent surveys on Singapore's high cost-of-living only take into consideration the cost-of-living for expatriates. He highlights that Singaporeans experience income growth faster than rises in cost-of-living, and Singapore's focus remains to maintain this trend.

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