Govt has resources and will to act if more support needed to mitigate Covid-19: Heng
Longer-term issues such as fiscal sustainability and economic transformation must be tackled
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Singapore
REPLYING to calls for more help amid the Covid-19 outbreak, Deputy Prime Minister and Finance Minister Heng Swee Keat said that Budget 2020 is calibrated to the current situation. But more details of measures are on the way, and some aid will be disbursed ahead of original targets.
Beyond this crisis, Singapore must tackle longer-term issues such as fiscal sustainability and economic transformation, he said in his round-up speech in Parliament on Friday.
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