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Global Trade Alert

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Singapore: Package announced in response to the COVID-19 pandemic (2nd Stimulus Package)

Description

On 26 March 2020, the Prime Minister of Singapore announced a "Resilience Budget" to support individuals and businesses affected by the COVID-19 pandemic. The package includes the following measures -...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Apr 2020

Revocation date

31 Mar 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Products

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