Singapore Fortitude Budget 2020

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,traineeship%20opportunities%20across%20various%20sectors.

Supplementary Budget 2020 Booklet

Enterprise Singapore’s (ESG) Supplementary Budget microsite

DPM’s speech in full

Members who have any feedback please feel free to contact the Institute at and we will assist to follow up with the relevant agencies.

Thank you.

Best Regards

Singapore Institute of Architects