Fortitude Budget—key highlights has been saved
Fortitude Budget—key highlights
Extraordinary measures for extraordinary times
On 26 May 2020, Deputy Prime Minister and Minister for Finance Heng Swee Keat announced the Fortitude Budget—the fourth round of support measures—as Singapore prepares to emerge from the circuit breaker period from 2 June 2020, with a gradual and phased approach in reopening Singapore’s economy.
The main objectives of the Fortitude Budget, as clearly outlined by the Minister, are to protect jobs and livelihoods and assist those affected by COVID-19, support workers and households to cope with the disruptions and seize opportunities, and support frontline agencies to continue the fight against the pandemic.