DPM Heng Swee Keat spells out plans for Singapore to emerge stronger after crisis

Robust response to crisis with past reserves tapped; present generation must 'build back better' for future

Remote video URL

Deputy Prime Minister Heng Swee Keat yesterday made a rallying call to Singaporeans, saying that this generation will respond to the Covid-19 crisis, emerge from it stronger, and "build back better" for the future.

Underpinning this is the partnership between the Government and the people, which has become more critical than ever in the face of the twin threats of a pandemic and recession, he said in a televised address from The Treasury building.

Capping the series of six national broadcasts by ministers on the country's post-coronavirus future, he unveiled plans for Singaporeans and the Government to shape the future together.

A sum of $20 billion will be set aside to support basic and applied research, along with a series of innovation challenges to rally people to pioneer solutions for some of the world's major challenges.

Industry-led alliances have been formed to prototype ideas that can become new avenues of growth, while ideas from Singaporeans will be turned into solutions through new networks that bring together partners from different sectors.

Already, the Government has marshalled almost $100 billion in support measures to mount a robust response to what Prime Minister Lee Hsien Loong has described as "the crisis of a generation".

Mr Heng, who is also Finance Minister, said: "I never expected to put up four Budgets, one after another, within just 100 days. Never before in our history have we done so... Had we not done so, we would have lost years of progress and an entire generation."

More than half of the war chest had come from the country's past reserves, painstakingly built up by the previous generations.

"So let us remember - once we have recovered from this crisis, our generation must build back better," he added.

Amid the economic fallout of the coronavirus pandemic, Singapore will face its worst economic contraction to date and Mr Heng acknowledged people's anxiety over their livelihoods.

He said saving jobs is the Government's top priority, and it will do so by helping viable companies survive so they can keep their workers, and also by transforming the economy so more and better jobs can be created.

In the earlier broadcasts, PM Lee and the other ministers had laid out the Government's plans, explaining how it would deal with the virus, help Singapore navigate a more fractious world, transform its economy and create opportunities, as well as deepen the social compact and care for the vulnerable.

In his address to the nation, Mr Heng sketched out how all this would be jointly realised as "Singapore Together", inviting all Singaporeans to join in these efforts.

The Deputy Prime Minister, who had overseen several national engagement sessions and launched the citizens engagement movement named Singapore Together last year, said the Government has started a new series of Emerging Stronger Conversations to hear from people about how the pandemic has affected them and how to overcome the challenges.

Mr Heng also set out the work that the fourth generation ministers have been focusing on, and promised that the Government is committed to safeguarding everything that Singaporeans hold dear.

He said the Government has the will and the way to lead the country out of the crisis and added that the actions in the next five to 10 years will chart Singapore's course for decades to come.

"We will fight Covid-19 as Singapore Together. Everyone counts, and can be counted on... We will overcome this crisis of our generation. We will be a generation that emerges stronger. Together, we will be the generation that sets our children and their children onto a path to an even brighter future."

Join ST's WhatsApp Channel and get the latest news and must-reads.

A version of this article appeared in the print edition of The Sunday Times on June 21, 2020, with the headline DPM Heng Swee Keat spells out plans for Singapore to emerge stronger after crisis. Subscribe