ECONOMY | Staff Reporter, Singapore

Singaporeans supportive of national recovery measures, 2021 outlook: survey

They gave Budget 2021 a rate of 6.9 out of 10.

Singaporeans have given the Budget 2021 a rate of 6.9 out of 10, with a third (33%) of the respondents considering themselves emerging as "winners", as initiatives this year are geared towards providing “broader, across-the-board community support,” according to a Blackbox Research survey.

The rating is a marked increase from 6.7 in 2020.

Around 80% of respondents believe Budget 2021 will help improve Singapore’s economic outlook, with 30% thinking the budget will achieve this by "a lot". Nearly half (48%) believe that 2021 will be a better year economically, marking a significant jump from last year’s 26%.

Singaporeans also believe the country is on the right track to post-pandemic recovery, as 85% of respondents indicated confidence in Singapore’s trajectory.

Rebates, cash payments, and CDC vouchers are some of this year’s key announcements that resonated the most with Singaporeans.

Blackbox Research CEO David Black mentioned that Singaporeans continue to respond well to the new schemes and initiatives announced this year.

“2021 will be the true litmus test on Singapore’s recovery strategy, and so it remains critical to ensure the public’s voice is heard throughout this challenging year to successfully return Singapore to fiscal prudence while ensuring we ‘emerge stronger’ from the pandemic,” Black said.

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