screenscrab from CNA's youtube live broadcast
Photo: screenscrab from CNA's youtube live broadcast
3 m read
PM Lee on living with Covid-19: "Our biggest priority is jobs"
Prime Minister Lee Hsien Loong, in the first of a series of national broadcasts by Government leaders, spoke on Sunday (June 7) on the topic, "Overcoming the Crisis of a Generation".
Mr Lee outlined how Singapore has to learn to live and adapt with Covid-19 and why he remains confident about the country's future despite the challenges ahead.
In addressing the concerns with the slowdown in the economy, he warned that "retrenchments and unemployment will go up".
However, he tells Singaporeans "do not fear" and "do not lose heart" as the country had a headstart in preparing for the uncertainties ahead.
Confident on Singapore’s future
Mr Lee remains optimistic that Singapore will pull through and emerge even stronger from this crisis. He states that it can survive this crisis due to these reasons:
- Tuning in to our economic strengths (being connected to global flows of trade) to create new businesses and jobs.
- Its stable political system has earned a trusted international reputation and this will come in useful.
- Its ability to tap on overseas markets and opportunities for international partnerships
- Future Economy plans such as upgrading workers through SkillsFuture, digitalising private and public sectors and building R&D capabilities.
- Schemes enacted by the Government to help Singaporeans keep jobs or find new ones such as Job Support Scheme, SGUnited Jobs, National Jobs Council, Workfare Special Payment, COVID-19 Support Grants and Skills Packages.
- People in their 40s and 50s who have to take care of their children and support elderly parents.
- Mature workers who are nearing retirement.
- Lower-income workers.
- Self-employed and freelancers.
- Fresh graduates.
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