Coronavirus: Singapore-style stimulus not for Malaysia, Indonesia and Thailand, say economists

One size does not fit all. Economists say Southeast Asian governments should heed this axiom in fiscal policy as they decide whether to follow regional economic powerhouse Singapore in adding to their already massive rounds of stimulus this year.The island republic caught observers off guard on Tuesday as the Deputy Prime Minister Heng Swee Keat announced a new S$33 billion (US$23 billion) round of support measures to save as many jobs as possible with the coronavirus pandemic expected to bring…

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