Economics
Singapore Plans Strong Budget Stimulus to Counter Virus Threat
- Deficit could widen to 1.5% of GDP in coming fiscal year
- Finance Minister Heng to unveil budget in Parliament Tuesday
This article is for subscribers only.
Terms of Trade is a daily newsletter that untangles a world threatened by trade wars. Sign up here.
Singapore is set to deliver a strong budget this week to offset the damage to the economy from the coronavirus, with analysts predicting the biggest deficit in almost two decades.