Source: “A Sustainable Population for a Dynamic Singapore – Population White Paper” by the National Population and Talent Division
The White Paper highlights the manpower challenges facing Singapore:
- from 2020 onwards, the number of working-age citizens will decline as older Singaporeans retiring will outnumber younger ones entering the workforce; and
- the current low birth rate means that the citizen population will age rapidly, and also start to decline from 2025.
Read an extract from the White Paper
“A sustainable population for Singapore rests on three key pillars.
First, Singaporeans form the core of our society and the heart of our nation. To be a strong and cohesive society, we must have a strong Singaporean core. Strong families are the bedrock of our society, through which we pass on our values and sense of belonging from one generation to the next. We may have diverse geographical and ethnic backgrounds, but we are all Singaporean because we share certain key values and aspirations, including meritocracy, a fair and just society, and respect for one another’s culture within a broad common space where all interact and bond.
Second, our population and workforce must support a dynamic economy that can steadily create good jobs and opportunities to meet Singaporeans’ hopes and aspirations. Many Asian cities are modernising rapidly, and catching up on us. Singapore must continue to develop and upgrade to remain a key node in the network of global cities, a vibrant place where jobs and opportunities are created. A dynamic economy will provide us with more resources and room to pursue inclusive growth strategies to benefit all segments of our society.
Third, we must continue to keep Singapore a good home. Our city must continue to be well-managed, well-planned, and well-developed. We must meet the infrastructure needs of a changing population and economy in a timely and efficient way, while preserving and enhancing a green environment, so that Singapore can be a unique, bustling ‘City in a Garden’.”
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