Sectors directly affected by the virus outbreak – such as tourism, aviation and retail – will also receive targeted help in Singapore’s budget. Photo: EPA Sectors directly affected by the virus outbreak – such as tourism, aviation and retail – will also receive targeted help in Singapore’s budget. Photo: EPA
Sectors directly affected by the virus outbreak – such as tourism, aviation and retail – will also receive targeted help in Singapore’s budget. Photo: EPA
This Week in Asia /  Economics

Singapore unveils US$4.6 billion economic boost in budget to battle coronavirus outbreak

  • The funds will go towards health care and helping businesses and households, with the country set to post its biggest budget deficit since 1997
  • The mix of sweeteners and financial support suggests a general election is on the cards for 2020 despite the gloom caused by the virus, says one analyst

Topic |   Coronavirus Singapore
Kok Xinghui
Kok Xinghui in Singapore

Updated: 2:54pm, 25 Feb, 2020

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Sectors directly affected by the virus outbreak – such as tourism, aviation and retail – will also receive targeted help in Singapore’s budget. Photo: EPA Sectors directly affected by the virus outbreak – such as tourism, aviation and retail – will also receive targeted help in Singapore’s budget. Photo: EPA
Sectors directly affected by the virus outbreak – such as tourism, aviation and retail – will also receive targeted help in Singapore’s budget. Photo: EPA
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