However, during the course of the Ministry of Manpower’s Committee of Supply debate, she also pushed the opposition to make their stand clear on the issue.
During the roll-out of this year’s Budget on February 18, Finance Minister Heng Swee Keat had said that in 2020, the Dependency Ratio Ceiling for the services sector will be reduced from 40 percent to 38 percent. For 2021, it will be reduced even further to 35 percent. She also made note of the fact that many of the nations from whence foreign workers originate are also quickly developing, and therefore these workers may possibly choose to stay in their home countries instead of opting to work in Singapore.
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