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Global Trade Alert

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Singapore: Singapore Stabilisation and Support Package (1st Stimulus Package)

Description

On 18 February 2020, Singapore unveiled a S$4 billion (USD 2.8 billion) Stabilization and Support Package that contains a range of measures to cushion the blow of COVID-19 on local businesses and work...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Apr 2020

Revocation date

31 Oct 2020

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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