SINGAPORE (May 29): Unity, Resilience, Solidarity and now, Fortitude. These are how Singapore’s four Budgets for the year have been christened, to symbolise the values needed to tide the nation through the Covid-19 health-pandemic-turned-economic crisis. These traits will prove critical especially since the global economy is unlikely to recover quickly from the crisis, Deputy Prime Minister and Finance Minister Heng Swee Keat said as he unveiled the package on May 26. “We must be prepared for tough times in the months ahead. This is a challenge for this generation of Singaporeans — it is a test of our strength and fortitude, a test of our resilience and unity.”

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $4.99/month*

The latest reporting and analysis from business and investments to news and views on social issues.


  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply