Budget 2022 debate: Degrees with 5-year validity period and 'Permanent Growth Dividend' for citizens among proposals by MPs

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SINGAPORE — Issuing university degrees with a validity of five years to encourage lifelong learning and giving Singaporeans a 'Permanent Growth Dividend' tied to the country's economic success were among the suggestions raised by parliamentarians of the ruling People’s Action Party (PAP) on the second

SINGAPORE — Issuing university degrees with a validity of five years to encourage lifelong learning and giving Singaporeans a"Permanent Growth Dividend" tied to the country's economic success were among the suggestions raised by parliamentarians of the ruling People’s Action Party on the second day of the Budget debate.Members of Parliament from both sides of the aisle as well as Nominated MPs address the House on a broad range of issues.

“These days, even without a university degree, skill sets, personal experiences and knowledge can take a person very far,” he said. Ms Jaafar said that this broad-based distribution would “give every Singaporean an additional stake in the nation’s economic progress, reinforcing that we win and lose as a team”.

Singaporeans aged 25 and above can tap their SkillsFuture account to offset fees for a range of reskilling and upskilling courses.

 

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