Singapore to set aside S$11 bln more for Covid-19 support measures


SINGAPORE (Reuters) - Singapore will set aside a further S$11 billion (US$8.31 billion)in a COVID-19 support package this year, its finance minister said on Tuesday, extending last year's unprecedented fiscal response to the pandemic.

The government had last year committed nearly S$100 billion (US$75.55 billion) in support measures to cushion the impact of the coronavirus outbreak over five budgets.

"My new year's wish is to have one budget," Finance Minister Heng Swee Keat said at the start of his budget speech, as he announced more spending for the hardest hit sectors such as aviation and tourism.

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