VIRUS OUTBREAK: NEWS ANALYSIS

Budget 2.0: Economists favour job-saving aid over direct cash handouts

Singapore

IN the US, there is talk of cheques to households at S$1,200 per adult; in Hong Kong, a handout of HK$10,000 (S$1,850) apiece has already been announced.

While the Covid-19 outbreak shreds markets worldwide, several economies are gearing up to hand cash to residents who