SINGAPORE - The Republic has a range of policy levers besides taxation to tackle inequality, such as giving Singaporeans a wealth injection through public housing and the occasional Central Provident Fund (CPF) top-up, said Prime Minister Lawrence Wong.

That is the reason why even the bottom 20 per cent of households here has significant net assets – because of Singapore’s home ownership policy, he said, in a conversation at the Bloomberg New Economy Forum’s gala dinner on Nov 19.