SINGAPORE’S RESILIENCE BUDGET





Supporting Workers, Protecting Livelihoods



Jobs Support Scheme (JSS)

  • Government will pay 25% of monthly wages for every local worker in employment, capped at $4,600, for 9 months till end-2020
  • Higher support for sectors more affected by COVID-19, of up to 75%


Wage Credit Scheme

  • Additional payout to be brought forward from Sep to end-June 2020


COVID-19 Support Grant

  • Cash grant of $800 per month for 3 months, for low- and middle-income Singaporeans who lost their jobs due to COVID-19


Temporary Relief Fund

  • Provides immediate financial assistance for families whose livelihoods were affected by COVID-19


NTUC Care Fund (COVID-19)

  • Provides one-off relief of up to $300 per union member


❖  SGUnited Jobs

  • About 10,000 jobs available over the next year, to facilitate employment for jobseekers


❖ SGUnited Traineeships

  • Supports employers in providing traineeships to fresh graduates entering the labour


❖ SkillsFuture Credit

  • Advance use of SkillsFuture Credit top-ups for select courses, from 1 Apr 2020




Supporting Self-Employed Persons (SEPs)



SEP Income Relief Scheme (SIRS)

  • Eligible Singaporean SEPs will receive $1,000 a month, for 9 months


SEP Training Support Scheme

  • From 1 May 2020, training allowance enhanced to $10/hour


Point-to-Point Support Package

  • Special Relief Fund payments of $300 per vehicle per month for taxi hirers and private hire car drivers, till end- Sep 2020


Enhanced Workfare Special Payment

  • Benefits about 50,000 lower-income SEPs




Supporting Families



Enhanced Care & Support Package

  • Triple the current payout under Care & Support–Cash for all Singaporeans aged 21 and above in 2020, t0 $300, $600 and $900 • Parents, with at least one Singaporean child aged 20 and below in 2020, will each receive an additional $300
  • All Singaporeans aged 50 and above in 2020 will receive their $100 PAssion Card Top-up in cash
  • Singaporeanslivingin1-roomand2-roomHDBflatswillreceive $300 in Grocery Vouchers in 2020, and $100 in 2021
  • Enhanced Workfare Special Payment to $3,000 in cash in 2020, for Singaporeans who received Workfare payments for work done in 2019
  • Double the grant to Self-Help Groups to $20 mover 2020 and 2021, and increase the grant to Community Development Councils to $75m in 2020


Greater Flexibility on Government Fees and Loans

  • Suspend student loan repayments and interest charges for 1 year, from 1 Jun 2020 to 31 May 2021, for graduates of Autonomous Universities and polytechnics
  • Suspend late payment charges on HDB mortgage arrears for 3 months




Supporting Businesses



❖ Enhanced Property Tax Rebate for 2020

  • Increased Property Tax Rebate for qualifying commercial properties, such as hotels, serviced apartments, tourist attractions, shops and restaurants, from 15% or 30%, to 100%
  • Increased Property Tax Rebate for Integrated Resorts from 10% to 60%
  • All other non-residential properties will receive a new 30% Property Tax Rebate


Enhanced Rental Waivers

  • Increased rental waiver from 1 month to 3 months, for stallholders in hawker centres managed by NEA or NEA-appointed operators
  • Increased rental waiver from 0.5 months t0 2 months, for eligible tenants of Government agencies
  • All other non-residential tenants of Government agencies receive 0.5 months of rental waiver


Cash Flow Support

  • Expanded Temporary Bridging Loan Programme to all sectors, and increased maximum supported loan to $5m
  • Increased maximum loan quantum to $1m under Enterprise Financing Scheme – SME Working Capital Loan
  • Increased maximum loan quantum to $10m and Government risk-share to 80%, under Enterprise Financing Scheme – Trade Loan
  • Increased subsidies for loan insurance premiums to 80% under Loan Insurance Scheme


Support for Capability Development

  • Raised maximum support levels for Productivity Solutions Grant and Enterprise Development Grant to 80% and 90% respectively, till end-2020 Enhanced SMEs Go Digital to support both ready-to-adopt and advanced digital solutions that reduce face-to-face contact
  • Extended the enhanced training support, comprising higher course fee subsidies and absentee payroll support, to more sectors and till end-2020


Resilience Building

  • Enhanced government matching ratio under SG Together Enhancing Enterprise Resilience (STEER) programme
  • Introduced funding support for specialised cleaning under SG Clean




Supporting Affected Sectors



Aviation Sector

  • Enhanced Jobs Support Scheme for businesses whose activities are based principally in the aviation sector, with a total of 75% wage offset, capped at a monthly wage of $4,600
  • $350m Enhanced Aviation Support Package to provide cost relief for airlines, ground handlers and the cargo industry, as well as to maintain a minimum level of connectivity


Tourism Sector

  • Enhanced Jobs Support Scheme for hotels, travel agencies, tourist attractions, cruise terminals and operators, and Meetings, Incentives, Conferences, Exhibitions (MICE) venue operators, with a total of 75% wage offset, capped at a monthly wage of $4,600
  • $90m for tourism recovery efforts to help the sector rebound strongly when the time is right


Food Services

  • Enhanced Jobs Support Scheme for food & beverages firms, with a total of 50% wage offset, capped at a monthly wage of $4,600


❖  Land Transport Sector

  • Special Relief Fund payments of $300 per vehicle per month for taxi hirers and Private Hire Car (PHC) drivers, till end-Sep 2020 Additional support for taxi and PHC operators
  • 1-year road tax rebate and 6-month waiver of parking charges at government-managed parking facilities for private bus owners, to defray operating cost


❖  Arts & Culture Sector

  • $55m support package to safeguard jobs and retain capabilities, support capability development, and step up digitisation efforts



For more information.

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