Aviation sector expected to continue receiving support, given strategic value
Budget 2021 will likely direct fiscal efforts at sectors that have been blindsided by pandemic and are still struggling one year on, says analyst
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OBSERVERS expect the government to adopt a targeted approach to the hard-hit aviation sector in the upcoming Budget, with several existing relief measures including the Jobs Support Scheme (JSS) likely to be extended. This is particularly so given the sector's strategic national value.
Irvin Seah, senior economist at DBS Group Research, wrote in a recently published report that Budget 2021 will likely direct fiscal efforts at sectors that have been blindsided by the pandemic and are still struggling one year on.
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