Global Trade Alert
Global Trade Alert

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

Announcement

17 Aug 2020

In August 2020, Singapore announced the Ministerial Statement on Continued Support to Workers and Jobs to put several measures that helped the business from the impacts of COVID-19 pandemic. 

 

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Number of interventions

4

4 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Dec 2020

Revocation date:

30 Jun 2021

Updated: 17 Aug 2020
Financial grant

On 17 August 2020, Singapore unveiled S$ 8 billion (USD 5.84 billion) to ease the impacts of COVID-19 pandemic on businesses. Under this package, Singapore provided S$ 320 million (USD 233.9 m...

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Implementation date

01 Sep 2020

Revocation date:

No revocation date

Updated: 17 Aug 2020
Financial grant In force

On 17 August 2020, Singapore unveiled S$ 8 billion (USD 5.84 billion) to help the local business in facing the impacts of COVID-19 pandemic. Under this package, the government of Singapore provided...

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Implementation date

01 Sep 2020

Revocation date:

31 Mar 2021

Updated: 17 Aug 2020
Financial grant

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 CO...

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Implementation date

01 Sep 2020

Revocation date:

28 Feb 2021

Updated: 17 Aug 2020
Financial grant

On 17 August 2020, Singapore introduced 5th round of fiscal stimulus package amounting S$ 8 billion (USD 5.84 billion) through the Ministerial Statement on Continued Support to Workers and Jobs to ...

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