Speaking after an interview on Wednesday with Bloomberg TV, Chan said the city-state is pursuing a strategy to be “the first one off the blocks” once global economies begin to rebound from the effects of the virus. The Southeast Asian nation will also need to assess how the outbreak might impact the timing of elections due by April next year.
“We must constantly plan on this basis that we want to be the first one off the blocks beyond just handling the crisis well,” he said. “When people look at our numbers they are confident that we know what we are doing and that’s important, and that inspires confidence,” he said. That is “compared to some other places where there are no headline numbers. Then you really don’t know because there are no” known cases or tests.
Election ImpactWhile the country’s next general elections are required to be held by April 2021, it is expected they will be called before the deadline. Chan said the outbreak “would certainly be one of the considerations when we decide to go” and that choosing an election date would hinge on how the virus was impacting the economy and how severe it may become.
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