Feb 17th, 2021

Singapore Says Use of Reserves Depends on Pandemic's Course

Singapore Finance Minister Heng Swee Keat discusses the government's budget and its efforts to fight the coronavirus pandemic. The country plans to rein in its budget deficit as the economy recovers, while digging deeper into government reserves for a new S$11 billion($8.3 billion) package to help households and businesses rebound from the pandemic. Heng, who is also the deputy prime minister, speaks with Haslinda Amin on "Bloomberg Markets: Asia." (First half of the full interview) (Source: Bloomberg)