SINGAPORE – Singapore’s reserves were built up for a rainy day, which came when Covid-19 hit last year.
Of the close to $100 billion spent in the biggest stimulus package in the country’s history, $52 billion came from past savings.
Please subscribe or log in to continue reading the full article.
Get unlimited access to all stories at $0.99/month
- Latest headlines and exclusive stories
- In-depth analyses and award-winning multimedia content
- Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*
*Terms and conditions apply.
Sign up here for e-mail alert on key announcements from S’pore Budget 2021 and how they affect you.
Source: Read Full Article