Solidarity Budget 2020 for Businesses

Deputy Prime Minister and Finance Minister Heng Swee Keat introduced the Solidarity Budget yesterday, 6 April 2020. The Solidarity Budget measures are in response to the circuit-breaker measures announced and are over and above those introduced under Budget 2020 and the Resilience Budget.

 

The attached booklet and infographics from the Ministry of Finance (MOF) gives businesses an overview of the various measures. You may wish to visit https://www.singaporebudget.gov.sg/budget_2020/solidarity-budget to read DPM’s speech in full and refer to the Budget Annex for more details on the measures announced.

 

Solidarity Budget Booklet

Solidarity Budget Infographic

Infographic on support for businesses
Infographic on Jobs Support Scheme
Resilience and Solidarity Budgets – Summary

 

For more information, businesses can also visit Enterprise Singapore’s (ESG) Supplementary Budget microsite which will be progressively updated:

https://www.enterprisesg.gov.sg/supplementary-budget-2020

 

As per previous mailer, please note that ALL companies and their respective sub-contractors that come under essential services category will still be required to submit their safe distancing measures and company level information to http://www.covid.gobusiness.gov.sg.

 

If you have any queries regarding these measures, or any feedback on the measures introduced so far (including this one), please do not hesitate to write to us at general@cdasalliance.sg .

By |2020-04-08T15:26:18+08:007 April 2020|News|0 Comments