Singapore is cautiously winding back $S100 billion ($97 billion) in economic life-support measures amid encouraging signs the city state is primed to record its strongest expansion since 2010.
Finance Minister Heng Swee Keat on Tuesday announced a shift in focus in the 2021 budget from emergency support to structural adaptation. This budget includes an $S11 billion economic resilience package with $S4.8 billion earmarked for reopening measures.
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Emma Connors was South-east Asia correspondent from October 2019 until mid-2023, based in Jakarta and Singapore. She has previously edited Perspective and Opinion and has written extensively across the AFR and related titles. Connect with Emma on Twitter. Email Emma at emma.connors@nine.com.au
