POVERTY PROJECT: Singapore’s Ugly Truth
VITTO BANEZ WRITES – Singapore is very well-off. At least that’s the perception. The skyline alone illustrates the nation’s growth. The island country has become a hotspot for rich vacationers attracted by its fancy hotels and world-class cuisine. Looking at all that, it’s hard to believe poverty exists in a place like Singapore. Yes, it’s one of the wealthiest nations in the world, but the wealth of some comes at a high cost to others. And it is becoming increasingly difficult for poverty stricken families to live in such an expensive place. Singapore was recently ranked as the world’s sixth most expensive city to live in. With an efficient infrastructure and low taxes, one can see why the rich would run to a city with such incentives. The nation also has a strong financial center and the second largest international private banking market. Despite its reputation as an economic success story, the wealth gap is the second highest in Asia, only trumped by Hong Kong. Poverty contradicts Singapore pristine image. It’s an incredibly clean city without any sign of graffiti or even discarded gum on its pristine sidewalks. With such a high standard of living, it is difficult for families to sustain decent living conditions. Some families live off weekly groceries from charities as well as a monthly allowance from the government. Still the BBC reports that some Singaporeans believe that their nation’s poverty...
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