SINGAPORE (Reuters) - Singapore on Tuesday announced around $4.5 billion(£3.5 billion) in financial packages to help contain the coronavirus outbreak in the city-state and weather its economic impact, paving the way for its biggest budget deficit in at least 15 years.
The wealthy city-state, one of the countries outside China hit hardest by the virus, has already cut its economic growth outlook this year and flagged the possibility of entering recession.
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