Singapore govt plans second stimulus package


Singapore's finance minister Heng Swee Keat. - Bloomberg

SINGAPORE (The Straits Times/ANN): The Government is working on a second stimulus package as the global coronavirus situation has worsened since the Budget was presented last month, Deputy Prime Minister Heng Swee Keat said on Wednesday (March 11).

Like the existing S$4 billion package announced in the Budget on Feb 18, the additional stimulus will be aimed at helping workers keep their jobs, Heng said.

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