‘Raiding our reserves’ is a common refrain from members of the PAP Government whenever alternative policy proposals are put forth. This charge was also surfaced in recent policy debates surrounding the affordability, or lack thereof, of HDB flats in Singapore. In light of the fact that no one, save for a select few individuals, know … Continue reading Dr Jamus Lim demolishes the ‘raiding our reserves’ argument, explains ‘tension’ between HDB and CPF policies