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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.” quote by Tan Cheng Bock
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“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.”

Tan Cheng Bock

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.

Key Takeaway

Invest in local enterprises.

Themes

economics government policy post‑COVID recovery

Mood

strategic optimistic

Type

policy statement economic outlook

When to use this quote

  • public policy planning
  • business development
  • economic stimulus

Key Concepts

supply chain resilience local entrepreneurship

Questions to Reflect On

  • How ensure funds are used effectively?
  • What metrics gauge success?
A Different Perspective

Risk of misallocation of funds without oversight.

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