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Not tenable for govt to subsidise electricity costs: Tan See Leng

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Tessa Oh

Tessa Oh

Published Mon, Apr 4, 2022 · 09:50 PM

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    Singapore

    WHILE the government can help to smooth out "extreme fluctuations" in energy prices, it is not tenable for the authorities to subsidise electricity consumption in Singapore, said Second Minister for Trade and Industry Tan See Leng in Parliament on Monday (Apr 4).

    "Singapore is not an energy producer . . . over the longer term, electricity prices have to reflect the costs of procurement and production," said Dr Tan during a ministerial statement addressing concerns on inflation and rising business costs.

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    Tan See LengElectricity

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