Singapore govt injects additional S$5.1 bil in Covid-19 relief measures as month-long circuit breaker kicks in

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SINGAPORE (April 6): Singapore is injecting another S$5.1 billion in relief measures to help Singaporeans and local businesses tide through a month-long circuit breaker period that kicks in from April 7.

Dubbed the Solidarity Budget, the additional measures announced April 6 will build on measures unveiled earlier in Budget 2020 on Feb 18, and the supplementary Resilience Budget on March 26.

Together, the total relief measures doled out by the government to help mitigate the impact of the Covid-19 outbreak now amounts to S$59.9 billion — or some 12% of Singapore’s gross domestic product (GDP).

The latest round of measures comes as...(click on link for full story on theedgesingapore.com)