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Singapore: Provided S$ 2.2 billion wage subsidies in response to the COVID-19 pandemic

Description

On 22 June 2021, the Ministry of Finance of Singapore provided a wage subsidy under the jobs support scheme (JSS) amounting to S$ 2.2 billion (USD 1.63 billion) to cover the wages of over 2 million lo...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

30 Jun 2021

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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