COVID-19: Singapore announces new stimulus package to support economy hinh anh 1Singaporean people wear face masks to prevent the spread of the COVID-19 pandemic (Source: AFP/VNA)

Hanoi (VNA)
– Singapore on April 6 announced a new stimulus package worth 5.1 billion SGD (3.55 billion USD) including wage support, waiver of levies and one-off payments to combat the COVID-19 pandemic.

This is an unprecedented budget for extraordinary times, said Finance Minister Heng Swee Keat.

The move came just over a week after the country unveiled support measures worth more than 30 billion USD to cope with the risk of an economic crisis.

On April 5, the Singaporean Ministry of Health confirmed 120 new COVID-19 cases – the highest number reported in a single day in the country.

So far, Singapore has recorded 1,309 cases tested positive for the novel coronavirus SARS-CoV-2, including six deaths.

The Singaporean government has decided to close most workplaces from April 7 and schools from April 8, to prevent the spread of the pandemic.

Accordingly, except for key economic sectors and essential services - such as food establishments, markets and supermarkets, clinics, hospitals, utilities, transport and key banking services - all other work premises will close./.
VNA