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Crisis showed strength of S'pore system, says Tharman
Tue, Nov 03, 2009
The Straits Times

By Fiona Chan & Robin Chan

THE economic crisis has demonstrated how strong Singapore is and how resilient and flexible its people and businesses are, said Finance Minister Tharman Shanmugaratnam last night.

The Government's 'full-force fiscal intervention' - introduced in this year's Budget - has helped prevent huge job losses and limited fallout from the global crisis, but has been only one part of the story.

Speaking at the Enterprise 50 Awards gala dinner at the Raffles City Convention Centre, Mr Tharman said: 'Nothing would have worked if everyone had not played his part.'

 


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