More government support for a slowing economy expected: Fitch
Fitch Solutions says upcoming Budget could also hint at when PAP will call an early vote
Add BT as a preferred source
Singapore
FITCH Solutions analysts are looking at looser fiscal policy from the Singapore government in February's Budget, according to a short commentary published by the agency on Monday.
Given factors such as an impending global slowdown and the pressure on the Republic's export-driven economy, the report said that the rising external downside risks "are likely to prompt policymakers to adopt policies to cushion the economy through domestic-oriented initiatives" such as public infrastructure spending.
TRENDING NOW
Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
Great Eastern goes on the high-net-worth offensive, but don’t call it a pivot
UK PM Starmer resigns; new leader to be in place by September
