What is important now is for the country to remain stable and emerge as a strong economy when the recovery comes.

Sense of balance when dealing with retrenchments

I know people say why didn’t you help the households more directly. But the right way to help people now is not to give them vouchers or coupons to spend, but to help them keep their jobs, and this is where the emphasis of the Budget was


If you jump up and down and you want to break even and make money every quarter, you will not be able to have a sensible policy. You will end up not protecting your value, you cannot discuss Citigroup as Citigroup.

PM Lee on help for S’poreans and GIC investments