Bank of Singapore: The record big fiscal budget is supportive of equity market

20 February 2020 | 2 minutes read

Bank of Singapore believes the recently announced Singapore fiscal budget — which contains a series of aggressive stimulus packages totalling about S$6.4 billion — to be supportive of the country’s equity market. “The size of Singapore’s expansionary fiscal budget in 2020 has exceeded expectations, with a deficit amounting to S$10.95 billion or 2.1% of GDP — one of the largest…

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