The government is still working on the specifics of the scheme, such as its quantum and conditions, and will provide more details later this year.
The Singapore government will announce details of a temporary financial assistance scheme later this year, says Deputy Prime Minister Lawrence Wong in his Budget 2024 speech on Feb 16.
The coming scheme, which will be part of the existing SkillsFuture programme, will allow retrenched workers to undergo training and look for jobs that are a better fit, says Wong, who is also Finance Minister.
