Singapore cannot keep borders closed forever: PM Lee

Singapore

ALTHOUGH the Covid-19 situation in Singapore has stabilised, Prime Minister Lee Hsien Loong said the government's outlook for the economy remains "very guarded".

He also said at a dialogue on Thursday that it was not possible for the government to keep on injecting funds to support businesses and it was necessary to gradually tail off these schemes in order to get back on a sustainable footing.

"Numerically, (the economy) next year will be better than this year. Because next year, hopefully we avoid a lockdown, and hopefully the vaccines start to come online, and gradually things begin to come back to normal," he said.

"But I think that it will take quite some time and there are many…

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