Singapore’s Prime Minister Lawrence Wong, also the finance minister, outlined his government’s priorities post-election, emphasizing economic resilience amid global challenges. Speaking in a YouTube video on May 10, Wong highlighted the Singapore Economic Resilience Task Force’s efforts, led by Deputy Prime Minister Gan Kim Yong, to address economic impacts from US tariffs. A Singapore Business Federation survey revealed that most businesses face revenue declines and hiring freezes. Wong announced immediate support measures, including corporate tax rebates and cash grants. He stressed forming a government team blending experience and fresh perspectives. Wong’s PAP secured 87 of 97 parliamentary seats in the May 3 election.
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