COVID-19: Massive stimulus package launched by SG authorities

Nbas Covid 19

Thursday 26 March Ministry of Finance launched a supplementary budget to help Singapore cope with the coronavirus pandemic.

The supplementary budget, also referred to as a ‘second stimulus package’, consists of a wide array of measures, directed both towards individuals and businesses.

The announced measures will raise the budget deficit from $10,9 to $39, 2 billion.

Read more about the supplementary budget, Ministry of Fincance.

Find out if and how your business get help from the stimulus package. Enterprise Singapore has a comprehensive overview of the measures, aiming at supporting workers, stabilize businesses and building resilience.

Read the full overview of measures here, Enterprise Singapore