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Anonymous

18 Feb 2020

How much is the Singapore government spending to fight the COVID-19 virus?

Any insider information? The economic impact Covid-19 will have should be immense, any idea how much the Singaporean government is willing to pour into the fight against the virus?

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    Kenneth Lou

    Kenneth Lou

    18 Feb 2020

    Level 14ยทCo-founder at Seedly

    Looks like the government is planning to spend $800 Million for the budget which will be allocated to the Ministry of Health, on top of the annual budget.

    In addition to a $5.6 Billion worth of package to help stabilise the economy.

    This will be done in two different packages:

    1) Stabilisation and Support package to help businesses and workers affected by this virus

    2) Care and support package to provide households with more help to get through the cost of living.

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