| 4.14 Sixth, the ComCare Fund. As I
have previously announced, the Government will create
a ComCare Fund, starting with $500 million, with a target
size of $1 billion. This fund represents our commitment
to do more for needy Singaporeans, to ensure that nobody
will be left behind. The income will be used to fund
three activity groups: ComCare Self-Reliance to help
needy families get back on their feet; ComCare Grow
for children from needy families, especially for their
educational and social needs; and ComCare EnAble for
senior citizens and others who need longer term assistance
such as the disabled.
4.15 A ComCare Supervisory Committee will be set up
to formulate new programmes and streamline existing
schemes. It will be chaired by Mrs Yu-Foo Yee Shoon,
Minister-of-State in the Ministry of Community Development,
Youth and Sports. The Committee will also include Mayors
of CDCs and leaders of VWOs. ComCare intends to work
through CDCs and in collaboration with VWOs, to ensure
that help reaches the needy, so that any Singaporean
in genuine need will know where to go to for help.
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