Singapore on Tuesday unveiled a budget featuring hefty financial measures worth S$6.4 billion (US$4.6 billion) to deal with the impact of the coronavirus outbreak that has disrupted supply chains and upended travel around the world

Singapore on Tuesday unveiled a budget featuring hefty financial measures worth S$6.4 billion (US$4.6 billion) to deal with the impact of the coronavirus outbreak that has disrupted supply chains and upended travel around the world.
The package comprises a S$800 million health care package, S$4 billion for businesses and workers, and another S$1.6 billion going toward households to tide them over.
“Just as the global economy was beginning to recover, the coronavirus … outbreak hit us,” said Finance Minister Heng Swee Keat during his budget speech that ran for more than two hours. “The outbreak will certainly impact our economy … Our first concern is to protect you and your families.”
Until the virus outbreak escalated last month, all eyes had been on whether the 2020 budget would be filled with goodies given the impending general election tipped to take place this year, though Singapore has until April 2021 to go to the polls.

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