Singapore DPM to make ministerial statement on Aug 17 on Covid-19 support measures for firms, workers | Malay Mail

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Singapore DPM to make ministerial statement on Aug 17 on Covid-19 support measures for firms, workers

Heng Swee Keat said in a Facebook post on Friday that as more sectors re-open gradually, the Singapore government will have to ‘evolve and taper’ the support provided. — TODAY pic

“But we are not able to sustain the same level of support indefinitely. As more sectors re-open gradually, we will have to evolve and taper the support provided.” The full ministerial statement itself will be published on the Singapore Budget website after it has been delivered. In Singapore, he said the economy has experienced its worst quarterly gross domestic product performance on record in the second quarter.

 

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