This announcement was in the news on Tuesday 22 October 2008.
Any comments on how aggregate demand (total spending in the economy) will be affected when the government restarts some of the public sector projects?
Government to reconsider deferred projects
These projects were put on hold during good times when there was a high demand for construction materials so as to prevent a further increase in the prices of these materials. Why is it a good idea to restart these projects now that the Singapore economy is in a recession?
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