MAS' Ravi Menon: Minimum wage can be considered to uplift those with lowest income

The Independent Singapore News
MAS’ Ravi Menon: Minimum wage can be considered to uplift those with lowest income
For a “truly inclusive society” to be built, Mr Menon said, this requires “a value system that places the welfare of our fellow human beings alongside our own."
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Singapore — The managing director of the Monetary Authority of Singapore floated the possibility of having a minimum wage to help those with the smallest incomes although he warned it would not do much to address income inequality.
Mr Menon emphasised that the rationale behind imposing a minimum wage is “to help lift the wages of those at the bottom of the income distribution.”

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