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Accept sacrifices, cutbacks

MM Lee says govt needs to assess how much extra rebates it can give to lower-income families. -ST

Sun, Nov 09, 2008
The Straits Times

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.

 

 

 

 

 

 

 

 


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