We finished a comprehensive and robust discussion on the Fortitude Budget in Parliament today. This was our fourth Budget in response to the COVID-19 crisis.
In his round-up speech, DPM Heng Swee Keat addressed MPs’ questions in three broad topics – supporting jobs, livelihoods and our future economy; maintaining a strong fiscal position; and drawing on our deep reserves of social capital.
The four Budgets add up to $193 billion. This includes drawing an unprecedented $52 billion from our reserves. The measures protect jobs, livelihoods and businesses, and will enable Singaporeans to adapt themselves and emerge stronger in the post-COVID world.
Today is Day 4 of our safe re-opening. The road to recovery will be long and difficult, and our fight against COVID-19 is far from over. In this new and uncertain phase, all of us must do our best so that we can continue to thrive and flourish.
You can read more on the four Budgets here: https://www.singaporebudget.gov.sg
– LHL
#SGUnited
#SingaporeTogether
#SGBudget2020
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