Together, the total relief measures doled out by the government to help mitigate the impact of the Covid-19 outbreak now amounts to $59.9 billion – or some 12% of Singapore’s gross domestic product (GDP).
SINGAPORE (Apr 6): Singapore is injecting another $5.1 billion in relief measures to help Singaporeans and local businesses tide through a month-long circuit breaker period that kicks in from April 7.
Dubbed the Solidarity Budget, the additional measures announced April 6 will build on measures unveiled earlier in Budget 2020 on Feb 18 and the supplementary Resilience Budget on March 26.
