SINGAPORE/KUALA LUMPUR: Singapore will spend an additional S$33 (US$23.2 billion) to offset the economic impact of coronavirus, Finance Minister Heng Swee Keat announced in parliament on Tuesday (May 26).
The revised fiscal plan is the wealthy city-state's fourth budget announcement since February and takes total spending pledges to just under S$100 billion - equivalent to almost 20 per cent of gross domestic product (GDP).
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