Hanoi, April 3 -- Singapore will enhance existing support measures announced in the 2026 fiscal budget and bring some of them forward to alleviate hardship for citizens and sectors under pressure as the Middle East conflict strains energy supply.
In a video message on April 2, Prime Minister Lawrence Wong, who is also Finance Minister, said the government will provide targeted support for sectors more severely affected, as well as rebates to offset rising electricity bills. Details will be released when the parliament convenes next week.
According to Wong, the conflict is entering a more unstable and uncertain phase, with far-reaching impacts on regional security and global energy flows. The impact could persist even if a ceasefire is r...
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