<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR>Jan 25, 2009
budget special
</TR><!-- headline one : start --><TR>Prepare for crisis' full effects: George Yeo
</TR><!-- headline one : end --><!-- show image if available --></TBODY></TABLE>
<!-- START OF : div id="storytext"--><!-- more than 4 paragraphs -->Foreign Minister George Yeo said yesterday the economic crisis has not been 'completely felt yet' and warned that in the coming months, it will 'begin to bite'.
'The provisions in the Budget, some of them, will become very useful,' he said.
Speaking to reporters on the sidelines of a Chinese New Year event in Hougang Mall, he said his New Year wish is for Singaporeans to help each other get through the crisis.
'We are going into a storm. It'll be a big storm. We don't know how long it's going to last or how bad it's going to be,' he said.
=> And he should add that the BEST PAID ministers in the world are FULLY PREPARED and ready to BUY CHEAP cos they just got YET ANOTHER AWESOME PAY RISE!
'So the important thing is to get into a certain stance, into a certain state of readiness so that we are ready for all eventualities...I'm quite sure if we persist, united as one people, we will emerge from this stronger.'
He added that those affected by the downturn will be taken care of, and that Singaporeans will need time to digest all the measures announced in the Budget. 'It's a whole slew of programmes. I don't think ordinary Singaporeans have yet digested this Budget. It is a very comprehensive Budget.'
=> "Lesser mortal thingy" theory again?
Senior Minister of State for Finance and Transport Lim Hwee Hua told reporters at the River Hongbao event that the Jobs Credit Scheme was aimed at getting employers to refrain from cutting jobs. If money had been given directly to employees, businesses would still experience the same problems, and some would have no choice but to cut jobs.
=> To rehire FTrash with the cash from citizens and NSmen?
'We may help the people, but we are not saving jobs, which to us is the most important, which is most important to most people too,' she said.
Acting Manpower Minister Gan Kim Yong said at the same event that no government will be able to produce one single Budget to overcome the economic crisis. The essence of Singapore's Budget is to save jobs so that people can draw on income, and to keep confidence high, he said.
budget special
</TR><!-- headline one : start --><TR>Prepare for crisis' full effects: George Yeo
</TR><!-- headline one : end --><!-- show image if available --></TBODY></TABLE>
<!-- START OF : div id="storytext"--><!-- more than 4 paragraphs -->Foreign Minister George Yeo said yesterday the economic crisis has not been 'completely felt yet' and warned that in the coming months, it will 'begin to bite'.
'The provisions in the Budget, some of them, will become very useful,' he said.
Speaking to reporters on the sidelines of a Chinese New Year event in Hougang Mall, he said his New Year wish is for Singaporeans to help each other get through the crisis.
'We are going into a storm. It'll be a big storm. We don't know how long it's going to last or how bad it's going to be,' he said.
=> And he should add that the BEST PAID ministers in the world are FULLY PREPARED and ready to BUY CHEAP cos they just got YET ANOTHER AWESOME PAY RISE!
'So the important thing is to get into a certain stance, into a certain state of readiness so that we are ready for all eventualities...I'm quite sure if we persist, united as one people, we will emerge from this stronger.'
He added that those affected by the downturn will be taken care of, and that Singaporeans will need time to digest all the measures announced in the Budget. 'It's a whole slew of programmes. I don't think ordinary Singaporeans have yet digested this Budget. It is a very comprehensive Budget.'
=> "Lesser mortal thingy" theory again?
Senior Minister of State for Finance and Transport Lim Hwee Hua told reporters at the River Hongbao event that the Jobs Credit Scheme was aimed at getting employers to refrain from cutting jobs. If money had been given directly to employees, businesses would still experience the same problems, and some would have no choice but to cut jobs.
=> To rehire FTrash with the cash from citizens and NSmen?
'We may help the people, but we are not saving jobs, which to us is the most important, which is most important to most people too,' she said.
Acting Manpower Minister Gan Kim Yong said at the same event that no government will be able to produce one single Budget to overcome the economic crisis. The essence of Singapore's Budget is to save jobs so that people can draw on income, and to keep confidence high, he said.
