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Singapore Budget 2016: Fiscal policy set to spur consumption for Asian growth, says report

Strong govt surplus gives S'pore flexibility to wield both fiscal and monetary tools to spur growth

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Consumption is expected to become a key contributor to growth in Asian economies this year, with government spending - rather than central banks' interference - being the main way of bolstering economic expansion, a recent report has said.

Singapore

CONSUMPTION is expected to become a key contributor to growth in

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