Economics

Singapore Prepares Budget for Virus Fallout Seen Worse than SARS

  • Singapore minister says supply chains already being impacted
  • City-state’s SARS relief package in 2003 was S$230 million
Wong: Singapore Budget to Contain ‘Strong Package’ for Virus Fallout
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Singapore will roll out a “strong” economic package next week as part of its national budget to mitigate the economic fallout from the coronavirus outbreak, with the impact on the trade-reliant city-state seen as worse than the 2003 SARS pandemic.