Singapore may boost handouts in its 2011 budget, seeking to narrow the income gap and help households cope with inflation that’s accelerated to a two-year high ahead of elections due within 12 months.Prime Minister Lee Hsien Loong, who needs to call for an election by February 2012, has pledged to ensure lower-income families aren’t left out of the island’s growth, saying a widening income gap is affecting countries from the U.S. to China and India. Full story
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