But Deputy Prime Minister and Minister for Finance Heng Swee Keat is tempering expectations ahead of the unveiling of a second stimulus package aimed at helping Singapore weather the coronavirus outbreak.
SINGAPORE (Mar 26): The bigger the crisis, the higher the expectations of a government-led bailout.
Already, market watchers say the impact of the Covid-19 pandemic is expected to dwarf the effects on Singapore’s economy from the 2008 global financial crisis.
