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Singapore Finance Minister announces $372 million jobs support package – Metro US

Singapore Finance Minister announces $372 million jobs support package

Office workers cross a street in Singapore’s central business district
Office workers cross a street in Singapore’s central business district

SINGAPORE (Reuters) – Singapore’s Finance Minister Lawrence Wong announced a S$500 million ($372 million) package to support jobs and businesses as part of his budget proposals on Friday.

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.

($1 = 1.3426 Singapore dollars)

(The story corrects million to billion in second paragraph)

(Reporting by Aradhana Aravindan and Chen Lin; Editing by Martin Petty)