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S$16b in government Covid-19 support disbursed between March and May so far
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Janice Heng
Published Wed, May 13, 2020 · 09:50 PM
Singapore
FROM March to May, firms and individuals in Singapore have received S$16 billion in government assistance to weather the Covid-19 crisis so far, Second Minister for Finance Indranee Rajah wrote in a Facebook post on Wednesday.
This support was given in Budget 2020 and the two supplementary Budgets that followed. It includes S$7 billion under the Jobs Support Scheme, which offsets wages for local employees. Another S$4 billion will be paid out under the scheme in May.
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