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President Halimah Yacob gives ‘in-principle support’ to draw on reserves for second COVID-19 assistance package

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www.channelnewsasia.com

SINGAPORE: President Halimah Yacob has given her in-principle support for Singapore to draw on its past reserves, as part of a second assistance package in response to the COVID-19 pandemic.

In a message to Parliament - delivered by Speaker of Parliament Tan Chuan-Jin on Thursday (Mar 26) - the President said her support was given after careful deliberations, “considering the grave circumstances and highly uncertain outlook”.

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