ST 06 Feb 2020

Budget to include measures to cope with coronavirus, and support business, workers, families: Indranee Rajah

Indranee Rajah, Minister in the Prime Minister’s Office and Second Minister for Finance, said that the Budget for 2020 will contain measures such as:-

• helping companies and workers transform
• supporting families in coping with the cost of living and caregiving needs
  ensuring financial stability
• supporting businesses and individuals which were affected by the Corona virus
  having a relief package to help the transport and tourism sectors who were severely hit by the virus

Other initiatives also include: –

• helping laid-off workers access new jobs
• helping smaller companies to scale up and hire people with the right skills
  having incentives to employ older workers