Singapore International Political Economy

The Singapore government announced a $13 billion Singapore economic stimulus package according to AFP.

Details of the Singapore economic stimulus package include the following:

• $4.4 billion for infrastructure, education and health care
• $5.8 billion to spur bank lending
• $7.7 billion to help businesses
• $2.6 billion for households

The Singapore economic news comes as the Singapore government continues to struggle to maintain growth as the global economic slowdown continues to drag down Singapore exports.