Government Quote by Tan Cheng Bock
“As borders take time to reopen, we will make sure the Government spends our reserves to nurture strong local businesses. To grow local supply chains. And to encourage innovation. This is important because local businesses will be Singapore's growth catalyst in our post-COVID economy.”
About This Quote
Source Speech: Economic Policy Address, Singapore, 2021
He advocates using government reserves to support local businesses and supply chains post‑COVID.
In simple terms: Calls for government to fund local business growth.
Invest in local enterprises.
Themes
Mood
Type
When to use this quote
- public policy planning
- business development
- economic stimulus
Key Concepts
Questions to Reflect On
- How ensure funds are used effectively?
- What metrics gauge success?
Risk of misallocation of funds without oversight.