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Singapore announces $372m jobs support package

A public bus plies across the bridge in front of the Marina Bay Sands Hotel in Singapore on Feb 18, 2022. (Photo: AFP)

Singapore’s Finance Minister Lawrence Wong announced a S$500 million (US$372 million) package to support jobs and businesses as part of his budget proposals on Friday, adding that the government will extend separate targeted help for the struggling aviation sector.

Singapore’s government has committed close to S$100 billion over the past two years to cushion its people, businesses and the economy from the impact of the Covid-19 pandemic.

Wong also said the government would set aside S$560 million package to help Singaporeans deal with the rising cost of living.

He said the government was closely monitoring the risk of rising inflation and the cost of living, which has been driven by the…

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