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Title : Ministers say needy will receive help to cope with soaring rice prices
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Date : 05 April 2008 1909 hrs (SST)
URL : http://www.channelnewsasia.com/stories/singaporelocalnews/view/339533/1/.html

SINGAPORE: Soaring global prices for rice have led to fears of shortages, but several ministers have spoken out to assure the public that the situation in Singapore is under control.

Some added that the needy will get necessary funding and help.

Dr Vivian Balakrishnan, Minister for Community Development, Youth and Sports, said: "Decisions on the distribution of these funds will be made on the ground and at a local level. We're also in discussion with NTUC, with cooperatives like FairPrice, some private organisations and private food retailers and distributors to explore various schemes such as discount vouchers to distribute to needy families."

Trade and Industry Minister Lim Hng Kiang said: "One of the reasons why we are explaining the situation to Singaporeans is to convince them that the supply is there and there's no need for panic.

"Singaporeans now eat a wide variety of foodstuff – rice, noodle, bread, so there are always other substitutes. We have a good stockpile situation. Our supply is stable."


- CNA/so




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