Budget 2015, announced by Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam on 23 Feb 2015, focused on preparing Singapore for the future. To promote the mastery of skills in every job and for all Singaporeans, the budget announced details of SkillsFuture, an initiative that provides opportunities for every citizen to develop themselves throughout his or her life. To help businesses cope with the ongoing economic restructuring, there were various deferments or extension of government schemes, such as the extension of the Wage Credit Scheme. There will also be significant investment in infrastructure like Changi Airport’s T5. While on the social front, social infrastructure and support will be enhanced in multiple ways, such as through enhancements to CPF savings and the Silver Support Scheme where eligible seniors will receive quarterly supplements. Singaporean families will also receive further support in areas of childcare and education. To strengthen future revenues, marginal personal income tax rates for the top 5 per cent of income earners will be increased. The Net Investment Returns Framework will also be enhanced to include the expected returns of Temasek Holdings, where the change will help Singapore strengthen its long-term fiscal position as government expenditure is expected to increase in the medium to long term.