Why Singapore gives top priority to fighting income inequality

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Note the various examples of Singapore policies and measures to mitigate income inequality:
-housing
-education
-workfare
-affordable healthcare
-Skillsfuture
-social mobility via meritocracy

The Gini coefficient has fallen from 0.470 in 2006 to 0.458 in 2016. After we account for government taxes and transfers, the 2016 figure was even lower at 0.402.

Qn: In your society, how far is equality for all a reality? (Cam. 2012)