Economic Indicators
Singapore announces $801 million package to ease cost of living
2023.09.28 00:07
© Reuters. A view of the city skyline in Singapore December 31, 2020. Picture taken December 31, 2020. REUTERS/Edgar Su/File photo
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)
