Jeffrey Siow: Wealth Gini measured at household level; public and private housing treated equally скачать в хорошем качестве

Jeffrey Siow: Wealth Gini measured at household level; public and private housing treated equally

During the Parliament sitting on 25 February 2026, Senior Minister of State for Finance Jeffrey Siow said the Ministry of Finance uses Household Expenditure Survey data alongside administrative records to measure household wealth. Responding to questions from Nominated Member of Parliament Associate Professor Kenneth Goh, he noted that while wealth in owner-occupied public housing is included, differences in liquidity compared with private housing are recognised, and Singapore has no plans to require additional asset disclosures solely for inequality measurement. On social mobility, Siow highlighted policies supporting education and employment opportunities. Responding to questions from Member of Parliament for Sembawang GRC Mariam Jaafar, he said measures are in place to sustain or improve upward mobility for today’s and future cohorts, consistent with the Ministry’s Occasional Paper findings.