The third virus-related stimulus package in two months will cost S$5.1bil (US$3.5bil), taking the nation’s total virus relief to almost S$60bil, or 12% of gross domestic product (GDP), Deputy Prime Minister Heng Swee Keat(pic) said in Parliament.
SINGAPORE: Singapore increased its cash payout to individuals and announced additional steps to save jobs as the city-state prepares to severely curtail activities to contain a spike in coronavirus cases.
The third virus-related stimulus package in two months will cost S$5.1bil (US$3.5bil), taking the nation’s total virus relief to almost S$60bil, or 12% of gross domestic product (GDP), Deputy Prime Minister Heng Swee Keat said in Parliament.
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