Singapore's financial position weaker in coming years: Heng
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
WITH almost S$100 billion set aside to combat Covid-19, Singapore's financial position will be "a lot weaker" in the coming years, and it will need to find ways to manage this "difficult financial situation", said Deputy Prime Minister and Finance Minister Heng Swee Keat.
But for now, the important thing is to keep people safe and to get the economy going again as much as possible, he said.
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
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025