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 Tue, Jul 6, 2021 · 05:50 AM

Singapore Budget 2021

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.

KEYWORDS IN THIS ARTICLE

Covid-19

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes

International

Hong Kong March retail sales down 7%, snapping 15 months of growth
UK public sector productivity goes from bad to worse, ONS data shows
Indonesia central bank says SRBI auction will be held twice a week to attract more inflow
World food prices up in April for second month, says UN agency
Heatwave swells Asia's appetite for air-conditioning
Labour wins UK by-election as Tory PM Sunak stares at more losses

Purchase this article

International

International

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

Janice Heng

KEYWORDS IN THIS ARTICLE

International

Hong Kong March retail sales down 7%, snapping 15 months of growth

UK public sector productivity goes from bad to worse, ONS data shows

Indonesia central bank says SRBI auction will be held twice a week to attract more inflow

World food prices up in April for second month, says UN agency

Heatwave swells Asia's appetite for air-conditioning

Labour wins UK by-election as Tory PM Sunak stares at more losses

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

SECTIONS

LIFESTYLE

Follow BT