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Singapore Dips into Rainy Day Fund

Singapore Dips into Rainy Day Fund

Morning Brief

February 19, 20208m 34s

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Show Notes

In yesterday's budget, Singapore unveiled its first budget deficit since the Asian financial crisis recognising how badly Covid-19 has affected the global economy. It may also be a rakyat's budget aimed at easing livelihoods ahead of the general elections which is scheduled to be held sometime this year.

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Topics

EconomyMarketsPoliticsNewsCurrent AffairsSingaporebudgetCovid-19