Personal Finance
Living in Poverty in Singapore [Infographic]
By Doctor Wealth  •  January 15, 2015
In Singapore, we sweep poverty under the carpet because as the saying goes – out of sight, out of mind. We shine the spotlight on what it’s like to live in poverty in Singapore. — Unlike other developed countries around the world, there is no official poverty line in Singapore. However, that doesn’t mean that there is no poverty in the world’s most expensive city – you just need to know where to look. The ruling government in Singapore subscribes to a tiered assistance model, dishing out financial aid and social support based on the people’s needs and their shortfalls. Some need help with finding a job while others might have problems paying for their children’s education. While there isn’t an official poverty line (it’s a concept that the People’s Action Party believe is too rigid and inflexible), many of the schemes rolled out by the Ministry of Social ......
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By Doctor Wealth
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