Singapore’s stimulus package is the most aggressive response to the pandemic by an Asian government so far. Photo: ReutersSingapore’s stimulus package is the most aggressive response to the pandemic by an Asian government so far. Photo: Reuters
Singapore’s stimulus package is the most aggressive response to the pandemic by an Asian government so far. Photo: Reuters

Singapore unveils eye-catching US$33.7 billion stimulus to fight coronavirus and save jobs as recession looms

  • After a first package of stimulus measures announced in February’s budget, the island nation’s fiscal boost now stands at US$38.6 billion
  • Under a revamped jobs support scheme, the government will now offset up to 25 per cent of wages, capped at US$3,225 per worker, for nine months

Topic |   Coronavirus pandemic
Singapore’s stimulus package is the most aggressive response to the pandemic by an Asian government so far. Photo: ReutersSingapore’s stimulus package is the most aggressive response to the pandemic by an Asian government so far. Photo: Reuters
Singapore’s stimulus package is the most aggressive response to the pandemic by an Asian government so far. Photo: Reuters
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