Singapore announces $801 million package to ease cost of living

SINGAPORE (Reuters) – Singapore’s finance ministry on Thursday announced an additional S$1.1 billion ($801.98 million) to help households handle increases in the cost of living.

The finance ministry in a statement said that while inflation had come down from its peak, “households are still dealing with the impact of price increases in various areas”.

($1 = 1.3716 Singapore dollars)

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