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Singapore not ruling out using reserves for second support package

DPM Heng says the numbers are being crunched now, and there will be targeted and broad-based measures to help firms through virus crisis

Deputy Prime Minister Heng said the government has for the last 10 days been working on the need for a second package of measures to 'stabilise the economy and to emerge stronger from this'.


WITH a second support package on the way amid the ongoing Covid-19 outbreak, the government is not ruling out the possibility of tapping past reserves to fund it, said Deputy Prime Minister and Finance Minister Heng Swee Keat in a roundtable held by The Business Times and The...

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