Monday 5 October 2020

Prudence, not austerity



We have dedicated close to $100 billion to support our people and businesses through this difficult period.
As we do so, we must be careful not to spend in a way that squanders what generations before us have painstakingly built up.
Our guiding principle is prudence, not austerity.
We will continue to invest decisively in our national priorities, with a deep commitment to leave behind a better future for our children.
- DPM Heng Swee Keat

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