THE Government will ensure no Singaporean falls below the poverty line as a result of the financial crisis but it cannot restore people's living standards to what they were pre-crisis.
Minister Mentor Lee Kuan Yew gave this assurance today, as he promised measures in next year's Budget to buffer lower-income earners and those without jobs from the impact of higher prices of food and other goods.
He did not provide details but said the Government would need to make a realistic assessment of how much it could afford to give out in additional utilities rebates, Workfare income supplements and other alleviating measures.