Singapore sets aside $4 billion to help businesses and households amid coronavirus outbreak

Singapore's finance minister, Heng Swee Keat, delivered his annual budget speech on Tuesday.

Singapore set aside 5.6 billion Singapore dollars in the coming year to help businesses and households tide through the ongoing coronavirus outbreak, said Minister of Finance Heng Swee Keat.Singapore has reported one of the highest numbers of confirmed coronavirus cases outside China.on Tuesday said it has set aside 5.6 billion Singapore dollars in the coming year to help businesses and households tide through the ongoing coronavirus outbreak.

"The outbreak will certainly impact our economy," said Heng Swee Keat, Singapore's deputy prime minister and finance minister, in his speech outlining the country's budget. The minister also announced another 800 million Singapore dollars to support the fight against the virus, with the bulk of of the funds going to the health ministry.

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