Stabilisation Phase extended for a month, S$640m more in aid for firms

Health Ministry says measures will be reviewed at the two-week mark of extension, and may be adjusted based on community situation at that time

Janice Heng

Published Thu, Oct 21, 2021 · 05:50 AM

Covid-19

Singapore

SINGAPORE'S Stabilisation Phase, originally meant to end after Oct 24, will be extended by four weeks until Nov 21, with an additional S$640 million support package on the way to help companies and individuals, the multi-ministry taskforce on Covid-19 announced on Wednesday (Oct 20).

"We have explained earlier that we can relax the restrictions only if the pressure eases off on the healthcare system," said taskforce co-chair and Finance Minister Lawrence Wong.

While manpower and capacity is being beefed up, it will take time for these reinforcements to come in, and in the meantime Singapore faces "considerable risk of the healthcare system …