Additional Support Measures in Response to COVID-19 Pandemic
- The Deputy Prime Minister outlined a comprehensive response to the COVID-19 pandemic, emphasizing the use of three historic Budgets totaling $160 billion to protect lives, save jobs, and ensure Singapore's future through fiscal prudence and drawing on past reserves.
- Key measures include enhanced support for businesses through the Jobs Support Scheme, property tax rebates, and credit facilities, as well as direct cash assistance and income relief for workers, including self-employed persons and low-wage employees.
- The government is prioritizing health by implementing circuit breaker measures while building economic and social resilience, with initiatives like the Emerging Stronger Task Force and the Singapore Together movement to navigate the crisis and prepare for recovery.