Parliament: Two initiatives to build up economic and social resilience, says Heng Swee Keat

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Parliament: Two initiatives to build up economic and social resilience, says Heng Swee Keat
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SINGAPORE - When the Covid-19 pandemic is tamed and overcome, two new initiatives will step forward to build up Singapore's resilience, both economically and socially, said Deputy Prime Minister Heng Swee Keat on Tuesday (April 7).. Read more at straitstimes.com.

SINGAPORE - When the Covid-19 pandemic is tamed and overcome, two new initiatives will step forward to build up Singapore's resilience, both economically and socially, said Deputy Prime Minister Heng Swee Keat on Tuesday .

In his speech, Mr Heng said:"The Covid-19 fight still has a long way to go, and things will get tougher before they improve. But one way or other eventually it will pass - not next week, not next month, but perhaps within a year or two. It will be chaired by Minister for Social and Family Development Desmond Lee and group chief executive of PSA International, Mr Tan Chong Meng.

"Let us use this crisis period well," Mr Heng said."This will be a whole of nation effort, which will take our collective energies and ideas to do well." And the global nature of the crisis has made dealing with it much more complex, as the global aggregate demand is sharply reduced while the global supply chain has been disrupted.

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