Ample savings: A file picture showing the Rain Vortex in the Changi Jewel Airport. Singapore is a model to emulate in implementing a sound reserves management strategy. — AFP
GOVERNMENTS and central banks around the world have been allocating billions and trillions for fiscal packages and monetary stimulus measures to counteract the raging Covid-19 global outbreak.
Many of the extraordinary measures involve direct fiscal actions, interest rate cuts, liquidity injection and quantitative easing.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
