Global Trade Alert
Global Trade Alert

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

Announcement

18 Feb 2020

In February 2020, through Singapore Stabilisation and Support Package, Singapore provided financial grants to the aviation sector of USD 80 million and granted a 25 percent CIT rebate on tax payable.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

31 Jul 2020

Revocation date:

No revocation date

Updated: 18 Feb 2020
Financial grant In force

On 18 February 2020, Singapore announced the Stabilization and Support Package to help the business in facing the impact of covid-19 pandemic. Under this package, Singapore provided the J...

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Implementation date

01 Apr 2020

Revocation date:

31 Oct 2020

Updated: 18 Feb 2020
Financial grant

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 ...

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