Dear Members,
As Singapore prepares to exit the Circuit Breaker period, DPM Heng announced the Fortitude Budget in preparation to reopen the economy.
The Fortitude Budget announced will cover the following areas:
Keeping Workers Employed
Enhancements to Jobs Support Scheme (JSS)
SGUnited Jobs & Skills Package
1) SGUnited Jobs
2) SGUnited Traineeships
3) SGUnited Skills
4) Hiring Incentive
Helping with Cashflow, Costs & Credit
1) Foreign Worker Levy Waiver & Rebate
2) Deferment of Higher CPF Contribution Rates
3) Expanding Rental Relief for SMEs
4) Rental Relief for Government Tenants
5) Financing Support for Promising Startups
Digital Transformation & Innovation
1) Adopting e-Payments
2) Digital Resilience Bonus
3) National Innovation Challenges
Strengthening Community Resilience
1) COVID-19 Support Grant (CSG)
2) Solidarity Utilities Credit
3) Fostering Digital Inclusion
4) Enhanced Fund-Raising (EFR) Programme
5) Invictus Fund
For more information, please refer to the following links.
SGUnited Traineeship Programs for Trainees
https://www.wsg.gov.sg/SGUnitedTraineeships-Trainees.html#:~:text=The%20SGUnited%20Traineeships%20Programme%20aims,traineeship%20opportunities%20across%20various%20sectors.
Supplementary Budget 2020 Booklet
https://apex.sia.org.sg/xshare/Fortitude_Budget_Booklet.pdf
Enterprise Singapore’s (ESG) Supplementary Budget microsite
https://www.enterprisesg.gov.sg/supplementary-budget-2020
DPM’s speech in full
https://www.singaporebudget.gov.sg/budget_2020/fortitude-budget/fortitude-budget-statement
Members who have any feedback please feel free to contact the Institute at feedback@sia.org.sg and we will assist to follow up with the relevant agencies.
Thank you.
Best Regards
Secretariat
Singapore Institute of Architects