SINGAPORE, March 17 (Reuters) - A coordinated global monetary and fiscal policy response is needed to the coronavirus outbreak, the minister heading Singapore’s virus-fighting taskforce said on Tuesday.
The pandemic has caused a meltdown in financial markets and threatens to trigger a world recession.
Lawrence Wong also told reporters that Singapore was not planning for a lockdown but was not ruling it out. The city state has registered 243 coronavirus cases with no deaths. (Reporting by Fathin Ungku in Singapore)