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Singapore's financial position weaker in coming years: Heng

Published Wed, May 27, 2020 · 09:50 PM

Singapore

WITH almost S$100 billion set aside to combat Covid-19, Singapore's financial position will be "a lot weaker" in the coming years, and it will need to find ways to manage this "difficult financial situation", said Deputy Prime Minister and Finance Minister Heng Swee Keat.

But for now, the important thing is to keep people safe and to get the economy going again as much as possible, he said.

"It will not be easy. But if we put our minds to it, we can emerge stronger. And with that, I think we can begin…

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