Global Trade Alert
Global Trade Alert

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

Announcement

26 Mar 2020

The Prime Minister of Singapore has announced a package title the "Resilience Budget" to support individuals and businesses affected by the COVID-19 pandemic.

Source

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Number of interventions

13

13 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 May 2020

Revocation date:

31 Dec 2020

Updated: 26 Mar 2020
Financial grant
On 26 March 2020, the Prime Minister of Singapore announced a "Resilience Budget" worth S$48 billion (~USD 33.5 billion) to support individuals and businesses in response to the COVID-19 pandemic. The...
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Implementation date

01 Apr 2020

Revocation date:

31 Mar 2021

Updated: 26 Mar 2020
Trade finance
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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Updated: 26 Mar 2020
State aid, nes
On 26 March 2020, the Prime Minister of Singapore announced the Resilience Budget under which the SME's Go digital scheme has been enhanced to include more digital solutions for business continuity fo...
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Updated: 26 Mar 2020
State loan
On 26 March 2020, the Prime Minister of Singapore announced the Resilience Budget to support enterprises and individuals affected by the COVID-19 pandemic. As part of the Budget, the maximum loan quan...
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Updated: 26 Mar 2020
State loan
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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Implementation date

26 Mar 2020

Revocation date:

No revocation date

Updated: 26 Mar 2020
State aid, nes In force
On 26 March 2020, the Prime Minister of Singapore announced a "Resilience Budget" to support individuals and businesses affected by the COVID-19 pandemic. As part of the package, a S$55 million (~USD ...
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Updated: 26 Mar 2020
Financial grant In force
On 26 March 2020, the Prime Minister of Singapore announced a "Resilience Budget" worth S$48 billion (~USD 33.5 billion) to support individuals and businesses in response to the COVID-19 pandemic. As ...
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Updated: 26 Mar 2020
Financial grant In force
On 26 March 2020, the Prime Minister of Singapore announced a "Resilience Budget" to support individuals and businesses affected by the COVID-19 pandemic. As part of the package, S$350 million (~USD 2...
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Implementation date

26 Mar 2020

Revocation date:

31 Dec 2020

Updated: 26 Mar 2020
Tax or social insurance relief
On 26 March 2020, the Prime Minister of Singapore announced a "Resilience Budget" worth S$48 billion (~USD 33.5 billion) to support individuals and businesses in response to the COVID-19 pandemic. The...
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Updated: 26 Mar 2020
Tax or social insurance relief
On 26 March 2020, the Prime Minister of Singapore announced a "Resilience Budget" worth S$48 billion (~USD 33.5 billion) to support individuals and businesses in response to the COVID-19 pandemic. To ...
Sign in to see more

Implementation date

26 Mar 2020

Revocation date:

25 Mar 2021

Updated: 26 Mar 2020
Tax or social insurance relief
On 26 March 2020, the Prime Minister of Singapore as part of the "Resilience Budget" to support individuals and businesses in response to the COVID-19 pandemic announced certain interventions to suppo...
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Updated: 26 Mar 2020
Tax or social insurance relief
On 26 March 2020, the Prime Minister of Singapore as part of the "Resilience Budget" to support individuals and businesses in response to the COVID-19 pandemic has announced certain concessions for th...
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Implementation date

01 Jan 2020

Revocation date:

31 Dec 2020

Updated: 26 Mar 2020
Tax or social insurance relief
On 26 March 2020, the Prime Minister of Singapore as part of a "Resilience Budget" to support individuals and businesses in response to the COVID-19 pandemic announced an enhancement of the Property T...
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