ST 01 Feb 2020
Targeted help for transport, tourism sectors worst hit by Wuhan virus outbreak, ‘strong’ Budget to help workers and slowing economy: Heng Swee Keat
- In addition to the Budget initiatives addressing a decline in the economic activity, Deputy Prime Minister Heng Swee Keat said that Budget 2020 will also include measures to support the transport and tourism sectors, which were severely affected by the onset of Wuhan virus.
- Mr Heng also mentioned that these measures will resemble the Government’s $230 million package during the 2003 Sars crisis.
- He also noted that initiatives like SkillsFuture which was not available during that time, can now be implemented by the Government.