Budget 2020: S$6b to cushion transition to higher GST; S$1.6b for more immediate needs | Video

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Budget 2020: S$6b to cushion transition to higher GST; S$1.6b for more immediate needs | Video

(Updated: )

A S$6 billion Assurance Package will be given to Singaporeans to help cushion the impact of a higher GST when it is raised, said Deputy Prime Minister Heng Swee Keat in his Budget speech on Tuesday (Feb 18). A S$1.6 billion Care and Support Package will also be provided to help households with their expenses “during this period of uncertainty”. Cheryl Goh reports. 

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