More Govt support given to cushion impact of GST hike if need arises

Your Way Home with Hongbin Jeong · Jul 4, 2022 · 7m

Synopsis: The Straits Times analyses Singapore's latest news and announcements in this weekly podcast. The Straits Times' Zakir Hussain, Singapore editor at The Straits Times, speaks with Money FM 89.3's Timothy Goh and Bharati Jagdish. The Government will continue to monitor inflation closely and is prepared to do more if the economic situation worsens significantly, Deputy Prime Minister Lawrence Wong said in Parliament on Monday (July 4). He said the $6.6 billion Assurance Package, which aims to cushion households from the impact of the looming goods and services tax (GST) increase, still…