Singapore has rolled out a SIN$20.5 billion Resilience Package in face of the economic conditions, to help preserve jobs and viable companies to pull through. This according to Lee Yi Shan, Minister of State for Trade and Industry is the largest stimulus package on a per capita basis anywhere in the world.
Click this link to read the full full text of speech which outlines the array of current measures taken by the Singapore Government to prop the economy that has already gone into recession.
More detailed information about Singapore 2009 Budget and her response the crisis may be found in the Roundup Speech by Mr Tharman Shannurgaratham, Minister of Finance, at Budget 2009 Debate, 05 February 2009.
