Over the past five years on the international front we’ve seen: •  Increasing use of unconventional monetary policies (including negative interest rates and unprecedented amounts of quantitative easing) to deliver the cheapest financing the world has experienced.
We refocused the CPF on its core objective of providing for the basic needs of the majority of Singaporeans, in terms of retirement needs, healthcare expenses and home ownership. We are tightening the use of CPF for buying properties, so as to leave more for retirement needs.