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Global Trade Alert

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Singapore: 5th round fiscal stimulus to ease the impacts of COVID-19 pandemic

Description

On 17 August 2020, Singapore introduced the Ministerial Statement on Continued Support to Workers and Jobs amounting S$ 8 billion (USD 5.84 billion) to help the business in facing the impacts of COVID...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Sep 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 Sectors

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Affected Products

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