President Halimah Yacob on support to draw on past reserves in message delivered by Tan Chuan-Jin

March 2020

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President Halimah Yacob on support to draw on past reserves in message delivered by Tan Chuan-Jin

(Updated: )

President Halimah Yacob has given in-principle support for the Government to draw on the country's past reserves to fund extraordinary measures to weather the COVID-19 pandemic. In her message as custodian of the past reserves, delivered by Speaker of Parliament Tan Chuan-Jin in Parliament on Thursday (Mar 26), she said the reserves were built up through prudent spending for rainy days. “The situation we are heading into looks more like a thunderstorm and not just a drizzle,” she said. “Let us overcome the crisis and emerge stronger and more cohesive as a nation."

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