Asia

Targeted help for vulnerable businesses and Singaporeans in Budget 2021

SINGAPORE – Seeing Deputy Prime Minister Heng Swee Keat deliver the Budget statement on Tuesday (Feb 16), one could not help but wonder if there would be a second, or – heaven forbid – third round of measures this year.

After all, last year he addressed Parliament nine times and made four round-up speeches over five Budgets, which marshalled close to $100 billion in Covid-19 support and chalked up a deficit of $64.9 billion, or 13.9 per cent of the gross domestic product (GDP).

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