Global crisis and recession 4 Economic situation and prognosis for Singapore 7



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Key objective is jobs

5. Our key objective in this package is to help Singaporeans keep their jobs. The best way to give our people confidence during this crisis is to help them stay employed and retain their ability to support their families.
6.This is why the Resilience Package will focus especially on helping businesses to retain workers, by helping them to meet their costs and strengthen their cash-flow, and by enhancing their competitiveness. It is mainly a supply-side approach, aimed at keeping jobs. It will provide more support and confidence for the domestic sector of the economy than efforts to stimulate consumption demand directly.


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