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Accelerating digital transformation and skills: key takeaways from Singapore's Budget 2021

The government plans to hire more than 200,000 locals and provide up to 35,000 traineeship and training opportunities The Singapore government announced its Budget 2021 aimed at helping families, workers and businesses weather the Covid-19 pandemic. There was a big focus in the budget on digital transformation and upskilling workers to prepare for the shift to digital, which has been accelerated by the pandemic. “As a small, open economy, Singapore’s economic recovery is contingent on how the global situation plays out. Not everything is within our control. We need to adapt nimbly to the wide range of possible outcomes,” said Singapore’s deputy prime minister and finance minister Heng Swee Keat.

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