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Singapore: 3rd round fiscal stimulus to ease the impacts of covid-19 pandemic (Solidarity Budget)

Description

On 5 April 2020, Singapore passed the Solidarity Budget Package amounting S$ 4 billion (USD 2.8 billion). Under this package, to support the continuity of local businesses, the government of Singapore...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

08 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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