Singapore’s Solidarity Budget introduced a third round of measures (worth S$5.1 billion) on Monday, 6 April 2020. However, it is not the only ASEAN country to have announced financial measures to address the fallout of COVID-19. Vietnam, Thailand and Malaysia recently announced new or revised packages to support their besieged economies as well. More could follow if the crisis worsens. Let us take a look at the financial and monetary measures that ASEAN countries have pledged to undertake in comparison to other countries, particularly as a proportion of their GDP.
Edit: Please note that these figures are an estimation, as there will be discrepancies based on separate definitions of stimulus packages and exchange rates.
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