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Stabilisation and support package.
Budget 2020 singapore time. With the economy affected by covid 19 more will be done to stabilise grow and transform the economy so that singaporeans can stay employed and have access to better opportunities. How would the budget announcements affect you. Budget 2020 is expected to be announced in a time of unprecedented global retreat from multilateralism which will likely cause a recession.
2 in singapore we experienced our worst quarterly performance on record a 132 contraction year on year in the second quarter of 2020. Experts on singapore budget 2020 highlights. Read to find out more about deloitte singapores recommendations to drive economic growth.
Find out how these measures can help you. You can find the full 2020 budget statement at wwwsingaporebudgetgovsg. Singapores fy2020 budget statement will be delivered by finance minister heng swee keat on 18 february 2020 at 3pm.
Singapore budget website will be undergoing scheduled maintenance on 22 aug 2020 saturday 2200hrs to 23 aug 2020 sunday 0600hrs and will not be available during this period. Join our panel of experts in this discussion jointly hosted by st and money fm 893. Breakdown of revenue and expenditure estimates in budget 2020 gst hike will not take place in 2021 all adult singaporeans to get one off cash payout ranging from 100 to 300 64.
Part time roles included in career trial programme to help more job seekers. Senior worker support package. The government has dedicated close to 100 billion over four budgets to support our people and businesses in this crisis.
This page will be automatically refreshed periodically so watch this space for the latest announcements and updates of the singapore budget as it happens along with our real time commentary on the potential effects it carries for singapore and singaporeans. Live coverage highlights and summary on the singapore budget 2020 by finance minister heng swee keat on cna. Budget 2020 provides a comprehensive suite of measures to care for and support all singaporeans at every stage of their lives.
This years budget statement was delivered by deputy prime minister and minister for finance mr heng swee keat in parliament on tuesday 18 february 2020.
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