Government ready to extend more support if cost pressures worsen: Wong
Implementation of February's Budget measures to be brought forward where possible to help households, businesses cope with rising costs
Singapore
SINGAPORE is ready to extend more support to households and businesses if cost pressures worsen - but there is no specific inflation threshold to take action, Finance Minister Lawrence Wong said in Parliament on Monday (Apr 4).
Noting "the concerns that many households and businesses have about the current situation", Wong said he has decided to take immediate action and bring forward the implementation of February's Budget measures where possible.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
Banyan Group heir Ho Ren Yung: ‘Better to be useful than happy’
Asean+3 has made strong progress on cross-border payment connectivity, but more work lies ahead