Singapore expects to avoid economic recession but growth also depends on external conditions, says PM Lee

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Singapore's PM said that there is a need to look at what China does after ending its zero-Covid policy.

Speaking to the media after meeting bus drivers and transport workers on Saturday morning, PM Lee said that there is a need to look at what China does after ending its zero-Covid policy, and if the Chinese government will return to normal operations.

“We expect that we can avoid an economic recession and still grow our economy, but this is dependent on external conditions.” “If you look around the world, there are so many dark clouds outside us, around us, and we need to distinguish ourselves and make the most of our advantages to keep ourselves safe.”

Gift bags containing red packets, mandarin oranges, a carrier pouch and disposable face masks were given out to public transport workers. Asked about the feedback he got from transport workers, PM Lee said he was told that service 950 – which plies the Singapore to Johor route – is very full, but the other services are up, too, because people are shopping and travelling.

In a statement on Saturday, NTUC said public transport is an essential service for the economy and communities, and it is vital to develop a strong Singaporean core within the public transport workforce.

 

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