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  • Associate Professor Tan Khee Giap, co-director of Asia Competitiveness Institute at the Lee Kuan Yew School of Public Policy, said: There is a trade-off here, that all Singapore citizens...must accept that if they want to be helped, to be subsidised when they are old...as less Singaporeans are now paying tax in support of the ageing population...then you must grow the economic cake.
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