SINGAPORE - While economic conditions will remain difficult amid the Covid-19 pandemic, the Government will do its best to keep Singaporeans employed and give businesses the help they need, said Prime Minister Lee Hsien Loong.. Read more at straitstimes.com.
SINGAPORE - While economic conditions will remain difficult amid the Covid-19 pandemic, the Government will do its best to keep Singaporeans employed and give businesses the help they need, said Prime Minister Lee Hsien Loong.
That is why Singapore is building up its testing and contact tracing capacities, to identify and stamp out new Covid-19 outbreaks quickly as it gradually restores economic activity and reopens its borders. "But economic conditions will continue to be difficult, and we must expect to lose many more jobs. We will do our best to save as many as we can, and help workers who still lose their jobs to find new work," said Mr Lee.
He added that the Government is almost done testing all the workers for the coronavirus, and clearing the dorms of it. "We are determined to help these sectors pull through, as they are linked to many other parts of our economy," Mr Lee said, noting that almost $2 billion has been set aside in the four Budgets to help them.
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