Singapore Budget 2015: Average spending on continuing education to push to S$1bn per year

Spending on continuing education and training in Singapore will increase from about S$600 million per year over the last five years, to an average of over S$1 billion per year from now to 2020, Tharman Shanmugaratnam, Deputy Prime Minister, and Minister of Finance, said on Monday.

This comes amid a development effort, known as SkillsFuture, which will include a lifelong SkillsFuture credit which every Singaporean will receive.

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