This question is no longer accepting new answers because it has been merged with The government is setting aside another $48 billion to help Singapore deal with Covid-19. What are your thoughts?
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Just to summarise some of the sentiments on the other question thread, the S$48 billion that was drawn from Singapore's reserves is definitely needed to help cushion the economic impact of the virus on Singapore's economy. Whether or not the Resilience Budget is enough is yet to be seen, but the swift response from the government so far has been encouraging, and we know that they won't hesitate to draw more from the reserves if required.