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The much-awaited economic stimulus package, which was unveiled by Datuk Seri Dr Mahathir Mohamad yesterday, has four main strategies and 90 measures and aims to generate economic activities by mobilising domestic sources of growth, boosting consumption and encouraging investments.
CONSUMERS who were thinking of tightening their purse strings are unlikely to do so now that extra money is being put in their pockets following the announcement of the government#039;s economic package.
Singapore's top civil servants will take a pay cut of up to 10 percent after the government recommended wage cuts to help the island weather the economic fallout from its SARS outbreak, according to newspaper reports Friday.