Singapore's Budget Will Include a 'Strong' Package to Counter Virus.

Singapore's Budget Will Include a "Strong" Package to Counter Virus (Bloomberg) -- 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. Wong declined to reveal the size of the package or whether it will be bigger than the S$230 million ($166 million) SARS relief package rolled out during the 2003 pandemic, which also battered the city-state's economy at the time. [Extracted from the article]

Copyright of Bloomberg.com is the property of Bloomberg, L.P. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)