Currency pair in forex, is refer to a pair of currencies that put together, comparing in value, and make a foreign exchange rate. Currency pairs show as two abbreviation of currency names with a slash between. For example EUR/USD (Euro/U.S. Dollar).

Author Topic: Singapore launches 3.2 billion dollar stimulus package  (Read 366 times)


  • Guest
Singapore launches 3.2 billion dollar stimulus package

The Singapore government has issued additional measures of 30 billion Singapore dollars (23.2 billion US dollars), which is the 4th stimulus package to compensate for the economic effects of the outbreak of Covid-19.

Singapore's Deputy Prime Minister Heng Sawakit said the three measures were announced earlier. Singapore will use the budget of nearly 100 billion Singapore dollars ($ 70.4 billion) or nearly 20% of gross domestic product (GDP) to help businesses and households affected by the Covid-19.

Heng said that "This is an important and necessary measure to respond to an unprecedented crisis."

The announcement of the latest stimulus measures Held after the Ministry of Trade and Industry of Singapore. Announced to cut the forecast of the country's gross domestic product (GDP) in 2020 to -4.0% to -7.0% after the outbreak of the viral-19 virus has pulled Singapore's GDP in the first quarter this year.

In this regard, Singapore is the country where the patients have been found. Largest number in Asia Today, 383 new infections have been found, resulting in the cumulative total of 32,343 people.

In the beginning of April The Singapore government promulgated some lock-down measures. This includes the closing of most schools and workplaces temporarily. However, the government plans to slowly ease the measures next month. Which will allow only certain businesses to operate, such as electronic, pharmaceutical and petrochemical businesses


Related Topics

  Subject / Started by Replies Last post
0 Replies
Last post February 11, 2019, 12:02:10 AM
by Joseote203
0 Replies
Last post February 26, 2019, 12:08:50 PM
by NadiaWits
0 Replies
Last post May 16, 2019, 05:05:13 PM
by Joseote203
0 Replies
Last post May 27, 2020, 04:52:11 AM
by sd
4 Replies
Last post June 21, 2021, 04:15:18 PM
by Sundoy0125


Forex Forum - Learn Forex/ 外汇信号 / إشارات الفوركس / Форекс сигналы / สอนเล่น Forex / Tín hiệu Forex/

Disclaimer By viewing any material or using the information within this site, you agree that it is general educational material whether it is about learning forex online or not and you will not hold anybody responsible for loss or damages resulting from the content provided here. It doesn't matter if this website contain a materials related to Forex trading in each language such as Forex China (外汇中国), Forex Japan (外国為替日本), Forex Vietnam (Ngoại hối việt nam), Forex Thailand (ฟอร์เร็กซ์ประเทศไทย), Forex Indonesia, Forex Korea (한국의 외환 거래), Forex Russia (Форекс Россия) or not. Investing in financial product is subject to market risk. Financial products, such as stock trading and forex, are very speculative and any investment in them should done carefully, desirably with a good personal risk management. Whether you are newbie in forex, part-time traders, or full-time forex traders. Forex trading, Stock Trading and commodity specultion have big potential rewards but also big potential risk.

Prices movement in the past and past performance of certain traders are by no means an assurance of future performance or any forex market or stock market movement. This website is for informative and discussion purpose in this website only. Whether a materials related to Forex trading in different language such as Forex China (外汇中国), Forex Japan (外国為替日本), Forex Vietnam (Ngoại hối việt nam), Forex Thailand (ฟอร์เร็กซ์ประเทศไทย), Forex Indonesia, Forex Korea (한국의 외환 거래), Forex Russia (Форекс Россия). Whether newbie in forex tradeing, part-time traders, or full time traders. No one here can makes no warranties or guarantees in respect of the content, whether it is about forex trading or not. Discussion content reflects the views of individual people only. The people here maybe newbie in Forex trading, part time dorex traders, or full-time traders. The website bears no responsibility for the accuracy of forum member’s comments whether about learning forex online or not and will bear no responsibility or legal liability for discussion postings.

Investment tutorial, opinions and comments presented on this website do not represent the opinions on who should buy, sell or hold particular investments,forex currency pairs, or any products or forex courses. Whether it is in the section of Forex China (外汇中国), Forex Japan (外国為替日本), Forex Vietnam (Ngoại hối việt nam), Forex Thailand (ฟอร์เร็กซ์ประเทศไทย), Forex Indonesia, Forex Korea (한국의 외환 거래), Forex Russia (Форекс Россия) or any other language. All investors should conduct their own independent research before making any decision.

The publications herein do not take into account the investment objectives, financial situation or particular needs of any particular person. You should obtain individual financial and forex trading advice based on your own particular circumstances before making an investment decision on the basis of information about forex and non-forex matter on this website.

As a user, you should agree, through acceptance of these terms and conditions, that you should not use this forum to post any content which is abusive, vulgar, hateful, and harassing to any forex traders and non-traders.