Announcement
22 Jun 2021
In June 2021, Singapore provided S$ 2.2 billion (USD 1.63 billion) wage subsidies to employers to retain their local employees to work during economic uncertainty due to the COVID-19 pandemic.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
30 Jun 2021
Revocation date:
No revocation date
Updated: 22 Jun 2021
Financial grant
In force
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...
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