Home News Covid-19 Fortitude Budget

Fortitude Budget to give more support to jobs as economy edges open

Amala Balakrishner
Amala Balakrishner5/25/2020 07:42 PM GMT+08  • 5 min read
Fortitude Budget to give more support to jobs as economy edges open
As we are re-opening our economy in phases, we will continue to support our viable businesses, especially those which are not able to open immediately,” says DPM Heng.
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SINGAPORE (May 25): Businesses and households can look forward to yet another slate of relief measures that will be over and above the $63.8 billion already doled out to tide Singapore through the Covid-19 storm.

Deputy Prime Minister and Finance Minister Heng Swee Keat will unveil this fourth round of measures when Parliament sits on Tuesday.

Already, Singapore had announced relief measures in Budget 2020 on Feb 18, the supplementary “Resilience Budget” on Mar 26 and the “Solidarity Budget” on Apr 6, a day before the circuit breaker measures restricting the operations of non-essential services kicked in.

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