Written Answer to PQ on Strengthen migrant workers finances safety and responsibly
NOTICE PAPER NO. 2703 OF 2024 FOR THE SITTING ON OF AFTER 7 MAY 2024
QUESTION NO. 5939 FOR ORAL ANSWER
MP: Assoc Prof Razwana Begum Abdul Rahim
To ask the Minister for Manpower whether the Ministry will consider working with non-profit organisations to strengthen programmes to assist migrant workers manage their finances safely and responsibly.
Answer:
The Ministry of Manpower (MOM) has been working closely with community partners and non-governmental organisations (NGOs) to develop and promote programmes which help migrant workers to manage their finances safely and responsibly. These include the settling-in-programme for new migrant workers, as well as outreach roadshows at recreation centres to increase workers’ awareness on the risks of using unauthorised remittance services and preventing their bank accounts from being used for suspicious activities. The programmes also educate workers on how to manage their finances responsibly, such as setting financial goals and good budgeting tools.