A woman reads a newspaper in Singapore. Photo: Xinhua A woman reads a newspaper in Singapore. Photo: Xinhua
A woman reads a newspaper in Singapore. Photo: Xinhua

As Asian economies take on public debt to combat Covid-19, who will foot the bill?

  • It’s a familiar scene: with each new surge governments impose tough restrictions then headline-grabbing fiscal injections
  • But fiscal firepower has its limits. Experts warn that while countries like Singapore may be able to stand the heat, others like the Philippines and Indonesia could get burnt – saddling the young with the burden

Topic |   Coronavirus pandemic
A woman reads a newspaper in Singapore. Photo: Xinhua A woman reads a newspaper in Singapore. Photo: Xinhua
A woman reads a newspaper in Singapore. Photo: Xinhua
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