DPM Heng hopes that Singapore does not need another budget to deal with COVID-19
The Independent - Singapore·2020-05-28 20:00
Deputy Prime Minister Heng Swee Keat said that he hopes Singapore does not need another budget to deal with the COVID-19 pandemic, a day after he announced an additional S$33 billion COVID-19 support package in Parliament.
Dubbed the Fortitude Budget, this is the fourth such package Singapore has unveiled since the COVID-19 pandemic broke out. Singapore has already committed nearly S$100 billion — or 20 per cent of the nation’s Gross Domestic Product (GDP) — to fight the pandemic. The latest budget will dip into Singapore’s past reserves and will set its GDP growth forecast back by -7% to -4%.
……Read full article on The Independent - Singapore
Singapore Finance
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ang eng seng 02/06/2020
stop talking nonsense where is June money payment for all Singaporean
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Blund 02/06/2020
Better not.... do you want to run dry our reserved that we have build over the decades ...😶
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孙悟空1071 01/06/2020
130 billion is what kind of money? many dumb sinkies are too dumb to understand. it is $50,000 belonging to each of the 2.5 million voters. i do not even get $1000. i only get $600 cash in april and another $100 through utilities bill soon, total $700. i wonder where the other $49,300 go to. what stupid job support scheme in which manpower minister say companies can take the money and still let worker go on no-pay leave. and can even fire workers. 2.5 million voters using their $50,000 to share with a million foreigners, half million PRs who are citizens of other countries, 0.35 million foreign labourers? if each voter actually gets $10k help, each non-citizen gets how much then? $10k or $40k? sorry PAP, your numbers do not add up. how many billions are going to your own people? surbana jurong claim they do not make profit from government projects without giving any evidence.
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agnes8810 01/06/2020
4th budget already no money to give how to have 5th budget?
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Userfrwb 02/06/2020
I resign from my job, not entitled for the money
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