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Targeted help for vulnerable businesses and Singaporeans in Budget 2021
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Singaporeans and businesses have been primed for some time now that the fiscal bazooka cannot keep being fired.
ST PHOTO: KELVIN CHNG
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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).
