But investments and social spending are costly, and the Government must make sure it can afford them, he said. Speaking to about 2,000 activists at the PAP convention, Mr Lee said that while Singapore has enough revenue for this term of Government, spending has been going up and must rise further. And as Singapore’s spending needs grow, he stressed that Finance Minister Heng Swee Keat was right when he said that raising taxes is not a matter of whether, but when.

In his ministerial statement today in parliament, Prime Minister Lee Hsien Loong continued to address the accusations leveled against him and his government.

Finance Minister Heng Swee Keat, widely rumoured to be in the running for the prime minister position before suffer a stroke in May, has returned to office.

TR Emeritus has once again sought to mislead the public by publishing a vicious claim that a Cabinet Minister is “fully entitled to free A-Class healthcare in government and restructured hospitals”, giving the impression Minister Heng Swee Keat’s medical expenses are being funded by taxpayers. This is a blatant lie. As TRE would have known very well if it had bothered to check the facts, Ministers in Singapore are on the same medical benefit scheme – the Medisave-cum-Subsidised Outpatient (MSO) scheme – as most civil servants.

The Prime Minister’s Office said in a statement that Mr Heng Swee Keat, Finance Minister collapsed during a Cabinet meeting at 5.34pm. “He was taken to hospital immediately. A CT Scan showed that he had a stroke. Doctors are attending to him now"