In Parliament today, Deputy Prime Minister Heng Swee Keat presented his Resilience Budget, the supplementary budget aimed at dealing with the impact of the pandemic. The Resilience Budget includes measures worth over $48 billion as part of the larger $55 billion package, amounting to 11% of the nation’s GDP. CIMB Economist Professor Song Seng Wun and Associate Editor of The Straits Times Vikram Khanna talk about how the measures are helping Singaporeans stay employed, aiding households, as well as supporting the heavily impacted aviation and tourism sectors.

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