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Budget 2.0: Economists favour job-saving aid over direct cash handouts

Annabeth Leow

Published Tue, Mar 24, 2020 · 09:50 PM

Singapore

IN the US, there is talk of cheques to households at S$1,200 per adult; in Hong Kong, a handout of HK$10,000 (S$1,850) apiece has already been announced.

While the Covid-19 outbreak shreds markets worldwide, several economies are gearing up to hand cash to residents who are bracing for a looming recession.

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Covid-19

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Singapore

Budget 2.0: Economists favour job-saving aid over direct cash handouts

Annabeth Leow

KEYWORDS IN THIS ARTICLE

Economy & Policy

NTUC aims to do more to support PMEs, who now account for nearly half its membership

Daily Debrief: What Happened Today (Apr 25)

Singapore’s inflation eases more than expected in March, with headline inflation at 2.5-year low

8 in 10 firms in S-E Asia, Greater China positive about business environment: UOB survey

Flexi-work request guidelines not meant to prescribe blanket outcomes for employers or influence hiring of workforce: SNEF

Daily Debrief: What Happened Today (Apr 23)

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