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Budget 2.0: Economists favour job-saving aid over direct cash handouts

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Annabeth Leow

Annabeth Leow

Published Tue, Mar 24, 2020 · 09:50 PM

    Singapore

    IN the US, there is talk of cheques to households at S$1,200 per adult; in Hong Kong, a handout of HK$10,000 (S$1,850) apiece has already been announced.

    While the Covid-19 outbreak shreds markets worldwide, several economies are gearing up to hand cash to residents who are bracing for a looming recession.

    Singapore economyCovid-19

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