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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
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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