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SINGAPORE - The Covid-19 pandemic took its toll on firms across the board and the Jobs Support Scheme s (JSS) main priority was to ensure that all of them received timely support, Second Minister for Finance Lawrence Wong said on Friday (Feb 26). The JSS was thus rolled out as a broad-based scheme without the need for onerous applications , which especially helped small and medium-sized enterprises (SMEs), he told Parliament during the debate on ministries budgets. Mr Wong said that the scheme was introduced at the start of the crisis, when the public health and economic situation was highly fluid. Firms were also facing immediate cash flow issues, said Mr Wong who was responding to a question from MP Foo Mee Har (West Coast GRC) on how the Government prioritised assistance during the pandemic , and why the JSS was provided across the board. ....
No need for independent fiscal council in Singapore: Indranee Rajah Toggle share menu Advertisement Second Minister for Finance Indranee Rajah speaking in Parliament on Feb 26, 2021. 26 Feb 2021 10:20PM) Share this content Bookmark SINGAPORE: Singapore does not need an independent fiscal council because the country continues to be fiscally prudent, Minister in the Prime Minister s Office and Second Minister for Finance Indranee Rajah said on Friday (Feb 26) in response to a suggestion from Workers Party MP Jamus Lim. Associate Professor Lim (WP-Sengkang) had proposed setting up an independent fiscal council to evaluate all major policy proposals by the Government and Members of Parliament for budgetary implications. The cost of setting up the office was estimated to be S$20 million. ....
The Straits Times Budget 2021 will have more targeted schemes for those who still need help: Indranee Rajah Second Minister for Finance Indranee Rajah during a visit to Kin@11, a programme space under the Community Link initiative.ST PHOTO: ALPHONSUS CHERN https://str.sg/JrWg They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. ....
Second Minister for Finance Indranee Rajah during a visit to Kin@11, a programme space under the Community Link initiative. - The Straits Times/ANN SINGAPORE, Feb 5 (The Straits Times/ANN): The upcoming Budget will have more targeted schemes aimed at segments of society and sectors of the economy which have not recovered as well, as the pandemic continues into its second year, said Second Minister for Finance Indranee Rajah on Saturday (Feb 6). Indranee, who is also Minister in the Prime Minister s Office and Second Minister for National Development, added that the strategy for Budget 2021 will be to make sure that resources are channelled to those who still need help, compared with the broad-based approach at the height of the crisis last year. ....