Fortitude Budget 2020 for Businesses

Deputy Prime Minister and Finance Minister Heng Swee Keat had announced the $33 billion Fortitude Budget in Parliament yesterday.

The fourth Budget contained additional and enhanced support measures to help workers and businesses cope with the economic fallout of COVID-19. In total, the Government has set aside $92.9 billion to help our people get through this unprecedented crisis.

The booklet and infographics from the Ministry of Finance (MOF) will give you an overview of the various measures. You may wish to visit to read DPM’s speech in full and refer to the Budget Annexes for more details on the measures.

Please click on each link to download them:-

1. Fortitude Budget Booklet
2. Summary Infographic
3. Enhanced Support for Businesses and Self-Employed
4. Jobs Support Scheme


As always, if you are facing any issues, or have any queries you wish to clarify regarding the new Fortitude Budget, or previous measures and budgets announced, please do not hesitate to contact us for assistance.

You may also wish to direct any feedback regarding the budget or any industry matters.

In the mean time, Stay Safe and Stay Healthy

By |2020-05-27T12:53:16+08:0027 May 2020|News|0 Comments