Singapore In Deficit of $74.3 Billion! Largest Ever Since Independence! Singapore Wou

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Singapore In Deficit of $74.3 Billion! Largest Ever Since Independence! Singapore Wou

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27-05-2020, 08:40 AM

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Singapore In Deficit of $74.3 Billion! Largest Ever Since Independence! Singapore Wou

An honorable member of the Coffee Shop Has Just Posted the Following:

SINGAPORE - Amid increased spending and an unprecedented four Budgets totalling $92.9 billion this year, Singapore expects to record its biggest deficit since the country became independent in 1965.

Announcing the Fortitude Budget in Parliament on Tuesday (May 26), Deputy Prime Minister Heng Swee Keat said the deficit of...

Singapore In Deficit of $74.3 Billion! Largest Ever Since Independence! Singapore Would Have Been Bankrupt If Not For PAP Reserves!

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