Singapore, Malaysia, Indonesia unleash cash to ease inflation bite

Governments attempt to balance political pressures with fiscal discipline

20220705N Singapore supermarket

A woman shops at a supermarket in Singapore. Food prices have surged in Southeast Asia. (Photo by Takashi Nakano)

TAKASHI NAKANO, Nikkei staff writer

SINGAPORE -- Southeast Asian governments have started to roll out another round of economic relief packages to help citizens stay afloat in difficult economic times, but this time the funding is targeting the fallout from inflation instead of COVID-19.

Across the region, people are struggling to make ends meet as the Ukraine war as well as persistent supply chain disruptions have driven up the prices of everyday items. With several countries getting ready to hold elections in the next 18 months, officials have made moves to disperse cash before people vote with their wallets.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.