Ministerial Statement—August 2020

Extraordinary measures for extraordinary times

On 17 August 2020, the Deputy Prime Minister (Minister) and Minister for Finance Heng Swee Keat delivered the Ministerial Statement, about three months after the announcement of the Fortitude Budget.

The Ministerial Statement sets out how the Government will continue its support for workers and businesses during this COVID-19 pandemic. This is in view that some of the existing schemes or measures, in particular the Jobs Support Scheme (JSS), will be ending soon.

Three key areas were identified namely, the continued support for workers and creation of jobs, preserving core capabilities for hardest-hit sectors, and transforming Singapore’s economy in a post-COVID-19 world.

These would be addressed through the introduction and extension of various measures.

Ministerial Statement—August 2020
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