Singapore has rolled out close to S$1 billion in additional support for businesses and households, even as the full economic impact of the Middle East conflict has yet to show up in the data. But this isn’t just about immediate relief. The timing of the move is raising a deeper question: what are policymakers seeing ahead and why act now?

In this episode of Morning Shot, we speak with Chua Yeow Hwee, Assistant Professor of Economics at Nanyang Technological University, to discuss the latest support package. He explains how early intervention can help manage inflation expectations, why targeted measures matter in a small open economy like Singapore, and what this signals about the risks to growth and prices in the months ahead.