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Watch: Heng Swee Keat ministerial statement on support for workers, businesses amid COVID-19 pandemic

Watch: Heng Swee Keat ministerial statement on support for workers, businesses amid COVID-19 pandemic

File photo of Deputy Prime Minister and Finance Minister Heng Swee Keat speaking to the media on Jul 1, 2020. (Photo: Gaya Chandramohan)

In a Facebook post on Friday, Mr Heng said the Government has provided "significant support for workers and businesses" with almost S$100 billion over four Budgets, more than half coming from Singapore's reserves.

Said Mr Heng: "As more sectors re-open gradually, we will have to evolve and taper the support provided. We will continue to provide targeted support to sectors that are hardest hit, including helping them pivot to new opportunities in growth areas.

"We are committed to walk this difficult journey with you. Together, we can overcome this crisis and emerge stronger as one people," he added.

So far, the Government has released an unprecedented four Budget packages, aimed at mitigating the impact of COVID-19 on Singapore’s economy and protecting businesses and workers. These measures include: the Jobs Support Scheme, the Self-employed Persons Income Relief Scheme, rental and foreign workers levy waivers, and cash payouts to households.

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Source: CNA/ek

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