Singapore aims to make "determined actions" to loosen limitations following the omicron surge peak.

• Lawrence Wong, co-chair of Singapore's Covid-19 task force, stated that the country may be able to lift restrictions once the current wave passes.
• The infection numbers are at an all-time high and may surpass 20,000. However, due to our high vaccination rate and booster shots, most infected individuals experience milder symptoms.
• Wong expressed optimism that the new mutation, if it emerges, will be less severe than omicron, which could signal the end of the pandemic.

Despite the recent surge in Covid cases in Singapore, Finance Minister Lawrence Wong stated that the country is "quietly confident" in its ability to handle the highly transmissible omicron variant.

The minister, who is also co-chair of the nation's Covid-19 task force, stated that the city-state may ease restrictions once the latest wave passes.

On Monday, he told CNBC's Martin Soong that he was quietly confident in managing the current omicron wave.

Despite the infection numbers being at an all-time high and potentially surpassing 20,000, the majority of infected individuals are experiencing milder symptoms due to the high vaccination rate and booster availability.

Singapore reported a record 19,420 Covid cases on Feb. 15.

Wong stated that the city-state plans to ease Covid restrictions more once the omicron wave recedes.

Despite a recent spike in cases, the country's hospitals remained busy but not overwhelmed, and the public health system is under control, the minister stated.

If the situation persists in its current manner, we anticipate being able to make some definitive moves towards alleviating it. Following the crest of the omicron wave, he stated.

End of the pandemic?

If new Covid mutations are milder than omicron, it could give some confidence that the pandemic is nearing its end, said Wong.

He acknowledged that the world will continue to encounter Covid variants and mutations in the near future, and Singapore will closely monitor the global situation.

Wong expressed optimism that the new mutation, if it emerges, will be less severe than omicron, which could signal the end of the pandemic, according to CNBC.

"Although we cannot exclude the possibility that it could be a more hazardous or lethal strain, we must remain vigilant and ready for any eventuality," he stated.

The minister stated that Singapore will continue to implement its "vaccinations, boosters, and therapeutics" strategy, which has been successful in returning life to normal as part of its Covid plan.

As of noon on Monday, Singapore reported 13,623 new Covid-19 cases, with 13,476 being local and 147 imported infections. Additionally, there were seven deaths, resulting in a total of 952 deaths from coronavirus complications.

The data showed that 94% of the eligible population have completed the full vaccination regimen, while 66% have received the vaccine booster shot.