Heng Swee Keat on third Supplementary Supply Bill in October on reallocation of funds for COVID-19 support measures

September 2020

Parliament Banner

Bookmark

Heng Swee Keat on third Supplementary Supply Bill in October on reallocation of funds for COVID-19 support measures

(Updated: )

Deputy Prime Minister and Finance Minister Heng Swee Keat said a third Supplementary Supply Bill will be presented at the next Parliament sitting in October. Speaking in reply to Parliamentary questions on Friday (Sep 4), he said this is to ensure accountability in the way public funds will be reallocated for support measures amid the COVID-19 pandemic. He said this set of support measures will be fully funded by reallocation through tapping on funds that have been under-utilised, instead of drawing further on past reserves.

mostpopular