NEWS ANALYSIS

Firms call for help, but now's not the time for fiscal firepower

Annabeth Leow
Published Mon, May 24, 2021 · 09:50 PM

    Singapore

    SINGAPORE pulled out all the stops with fiscal support when Covid-19 forced the economy into a two-month hibernation last year.

    But the raft of relief measures unleashed during the circuit breaker in 2020 may have raised - and now, dashed - hopes of a similar bazooka during the current Phase 2 (Heightened Alert) period.