Global Trade Alert
Global Trade Alert

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

Announcement

05 Apr 2020

In April 2020, Singapore introduced Solidarity Budget amounting S$ 4 billion (USD 2.8 billion) to help the local business in facing the impacts of covid-19 pandemic. 

Source

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Number of interventions

3

2 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

31 Jul 2020

Revocation date:

31 Oct 2020

Announced: 05 Apr 2020
Financial grant
On 5 April 2020, Singapore unveiled the 3rd round of fiscal stimulus under the Solidarity Budget package amounting to S$ 4 billion (USD 2.8 billion). Under this package, Singapore enhanced the Jobs Su...
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Implementation date

08 Apr 2020

Revocation date:

31 Mar 2021

Announced: 05 Apr 2020
State loan
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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Implementation date

01 Apr 2020

Revocation date:

30 Apr 2020

Announced: 05 Apr 2020
Post-migration treatment
On 5 April 2020, Singapore announced its 3rd round of stimulus package under the Solidarity Budget Package amounting to S$ 4 billion (USD 2.8 billion) for the additional support for local businesses a...
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Threads

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Harmful Trade Policy Measures

This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

71894

interventions

193

jurisdictions

Liberalising Trade Policy Measures

This Thread tracks liberalising trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

14928

interventions

186

jurisdictions