Economists find comfort in PM Lee’s address, confident in government tools to manage future outbreaks
Economists have expressed cautious optimism following Prime Minister Lee Hsien Loong’s address on how Singapore could thrive in a future where Covid-19 is endemic. While not the most ideal scenario, they believe the long-term outlook provides reassurance to businesses.
Maybank Kim Eng senior economist Chua Hak Bin noted that businesses are likely to feel more confident, knowing that the government has effective tools to manage Covid-19 flare-ups without the need for drastic measures like hard lockdowns.
