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Businesses looking for larger second stimulus package, SBF poll finds

Over half of 188 respondents hope new package will be rolled out immediately, or within a month's time

Published Sun, Mar 22, 2020 · 09:50 PM

Singapore

BUSINESSES here are hoping for more support from the government in the form of a larger second stimulus package as the global economy worsens amid the Covid-19 outbreak.

The Singapore Business Federation (SBF) in a statement on Sunday cited a poll it conducted on March 13 in which 73 per cent of businesses believed that the second stimulus package should be as large or larger than the S$4 billion Stabilisation and Support Package announced by Deputy Prime Minister Heng Swee Keat during the Budget 2020.

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