In yesterday's budget, Singapore unveiled its first budget deficit since the Asian financial crisis recognising how badly Covid-19 has affected the global economy. It may also be a rakyat's budget aimed at easing livelihoods ahead of the general elections which is scheduled to be held sometime this year.

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Categories:  Business Analysis,  Trends and Forecasts,  Markets,  Politics,  Social Issues,  Investments

Tags:  Singapore,  budget,  Covid-19,