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Singapore announces 80.8 billion USD budget plan for 2021 | ASEAN


Petrol duties have been raised for the first time in six years. (Photo: straitstimes.com)
Singapore (VNA) – Singaporean Deputy Prime Minister cum Minister
of Finance
Heng Swee Keat on February 16 announced the nation’s 107 billion SGD
(80.8 billion USD) budget plan in 2021 to provide
immediate help to sectors
under stress, and invest in the country’s long-term future.
The Singaporean government will spend 700 million SGD for wage subsidies under
the Jobs Support Scheme (JSS), which will be extended by up to six months to
help businesses that remain badly hit by the COVID-19 pandemic to retain
workers, he said.
The subsidies - which range from 10 percent to 30 percent ....

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