S$1.1b package to aid workers, businesses hit by tighter Covid-19 measures
It will be funded by reallocations from underutilisation of funds due to Covid-19 and fiscal resources set aside earlier
Add BT as a preferred sourceClaudia Tan HS &
Tan Nai Lun
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
THE government will enhance its support measures through a S$1.1 billion support package to aid workers and businesses as Singapore returned to Phase 2 (Heightened Alert).
The package will be funded by reallocations from one-off underutilisation of funds due to Covid-19 as well as fiscal resources set aside earlier in the event of an extension of support measures, the Ministry of Finance (MOF) said on Friday.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
