Highlights of Singapore’s Ministerial Statement on 5 October 2020
Since February 2020, the Government has delivered four Budget Announcements (the Unity Budget, Resilience Budget, Solidarity Budget and Fortitude Budget), and two Ministerial Statements, the latest being the current one delivered on 5 October 2020.
In this Ministerial Statement, Deputy Prime Minister and Minister for Finance, Mr. Heng Swee Keat announced the extension and enhancement of certain existing programmes together with the unveiling of a new Research, Innovation and Enterprise Plan and one-off additional support for newborns.
This news alert summarises the key measures announced in the Ministerial Statement.