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Second support package could be larger, more immediate: economists

It will probably aim to help affected sectors get through several quarters of contraction, and assist businesses with cash flow needs, they say

The government is not ruling out the use of past reserves for the new package, Deputy Prime Minister and Finance Minister Heng Swee Keat said on Wednesday. This is despite the current term of government's S$7.7 billion surplus.


THE second package of government support measures amid the Covid-19 outbreak is expected to be larger than the first S$4 billion one, given the increased severity of the situation, economists have said.

They expect this second lot of helplines to mainly expand on or...

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