6 Ways To Help Revive Singapore’s Economy After The End Of The Circuit Breaker

WAYS TO HELP REVIVE SINGAPORE'S ECONOMY COVER

The day we’ve all been restlessly waiting for has come, and Singapore has finally exited the Circuit Breaker.

However, before we dash out of our homes in euphoria and attempt to carry out every single activity we’ve been waiting to do, we need to understand that our lives from now onwards will be a long stretch from what it previously used to be like.

As we rev our engines and restart our work towards normalcy, we have to remember that our society isn’t the same place that we left behind before we entered the Circuit Breaker.

Our economy is in shambles and Singapore will be entering a recession this year. A dark, ominous cloud looms above our heads, fuelled by a significant amount of uncertainty, especially over the duration and intensity of the period. Singapore’s GDP growth forecast for 2020 has been revised downwards to -7% to -4%, the lowest in Singapore’s history.

How long will we be stuck in this rut? How bad will it be? What can we do moving forward to prevent things from getting worse?

While you may think of yourself as a small speck in Singapore’s 5.6 million population, every effort counts and we all need to work together to save our little red dot. Don’t know where to start? Here are 6 ways in which you can contribute to getting Singapore back on her feet.

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