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Singapore doles out another $8 billion in fight against Covid-19: DPM Heng

Felicia Tan
Felicia Tan • 3 min read
Singapore doles out another $8 billion in fight against Covid-19: DPM Heng
The DPM also reiterated that the government will “continue to protect jobs and create new opportunities” for workers in Singapore.
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Deputy Prime Minister and Finance Minister Heng Swee Keat on August 17 announced additional support worth $8 billion in the fight against the fallout of Covid-19. He also reiterated that the government will “continue to protect jobs and create new opportunities” for workers in Singapore, to tackle the worst economic crisis seen.

See also: $8 bil support will cushion extent of job losses, but may still not be enough, economists say

Since the Covid-19 pandemic, the government has launched several schemes to help employees retain their livelihoods, including the Jobs Support Scheme (JSS), which was launched at the first Budget 2020 on February 18.

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