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Behind-the-scenes look at President's nod to draw on reserves

President's in-principle approval lets government draw up to S$17b from past reserves to fund Resilience Budget

Sharon See

Sharon See

Published Thu, Mar 26, 2020 · 09:50 PM
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Singapore

SINGAPORE'S president has given "in-principle support" for the government to draw on past reserves to fund a substantial second stimulus package aimed at rescuing the novel coronavirus-battered economy.

"Our reserves were built up …

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