PARLIAMENT
·
SUBSCRIBERS

S$1.2b in extra Covid-19 support partly funded by reallocation under SINGA

Finance Minister says there's no need to draw on past reserves to fund measures for Phase 2 and 3 Heightened Alert

Janice Heng
Published Mon, Jul 5, 2021 · 09:50 PM

    Singapore

    ADDITIONAL Covid-19 support measures for Singapore's "Heightened Alert" period are expected to cost S$1.2 billion.

    This will be financed by a reallocation of monies previously budgeted for, Finance Minister Lawrence Wong said in Parliament on Monday as he introduced a Supplementary Supply Bill for this.

    Copyright SPH Media. All rights reserved.