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Singapore used 20 years of previous budget surpluses to combat Covid-19: DPM

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Singapore has drawn on its reserves - equivalent to over 20 years of past Budget surpluses - to fight the Covid-19 pandemic, said Deputy Prime Minister and Finance Minister Heng Swee Keat on Friday.

Singapore

SINGAPORE has drawn on its reserves - equivalent to over 20 years of past Budget surpluses - to fight the Covid-19 pandemic, said Deputy Prime Minister and Finance Minister Heng Swee Keat on Friday.

"We have used a generation's worth of savings to combat a crisis of a...

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