...zero political power outside pomp and ceremony...

Let's start with multiculturalism. The fact that Singapore is made up of a different races, religions and cultures is undisputed. Whether everyone is treated equally on the other hand is a separate issue. Let's look at how our minority racial groups are treated and how that stacks up with the government's professed commitment. President Halimah Yacob was chosen by the PAP government to be the current president of Singapore. The reasons cited for the changes in the criteria for the President was ostensibly to ensure minority representation. However, given that the president is a position with zero political power outside pomp and ceremony, what does this say about the government's real view to multiculturalism? Is it just tokenism or lip service?

What does the bold part mean?

Thanks.