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
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
