{"id":7504,"date":"2020-06-06T14:31:20","date_gmt":"2020-06-06T06:31:20","guid":{"rendered":"https:\/\/sg.everydayonsales.com\/news\/?p=7504"},"modified":"2020-06-06T14:31:20","modified_gmt":"2020-06-06T06:31:20","slug":"supplementary-budget-2020-on-4-budget-regarding-aid-on-unemployement","status":"publish","type":"post","link":"https:\/\/sg.everydayonsales.com\/news\/7504\/supplementary-budget-2020-on-4-budget-regarding-aid-on-unemployement\/","title":{"rendered":"Supplementary Budget 2020 On 4 Budget Regarding Aid On Unemployement"},"content":{"rendered":"

\"\"<\/p>\n

Supplementary Budget 2020 On 4 Budget Regarding Aid On Unemployment To Find Job And Maintaining Job<\/p>\n

\"\"<\/p>\n

Source<\/a><\/p>\n

Heng Swee Keat, Deputy Prime Minister, and Finance Minister have announced the Fourth Budget of the year on May 26. The main focus is preserving a job and maintaining a strong position in Singapore battling against Covid-19.<\/p>\n

With the current spending on Covid-19 which has come to a total of $193 billion, over $72 billion will be used on supporting businesses, employee and workers to stay in their jobs. With an additional $92.9 billion will be disbursed by the government on handling the Covid-19 responses.<\/p>\n

Heng also stated that the newly created National Jobs Council has started working on creating more than 40,000 new job opportunities to combat against the unemployed citizen.<\/p>\n

The 9 key point being focus are:<\/p>\n

    \n
  1. \n
    \n
    Special Situation Fund for Startups (SSFS)<\/a><\/div>\n<\/div>\n<\/li>\n
  2. Digital Resilience Bonus<\/li>\n
  3. Enterprise Development Grant (EDG)<\/a><\/li>\n
  4. Productivity Solutions Grant (PSG)<\/a><\/li>\n
  5. SG Together Enhancing Enterprise Resilience (STEER) Programme<\/li>\n
  6. Enterprise Financing Scheme \u2013 SME Working Capital Loan (EFS WCL)<\/a><\/li>\n
  7. Enterprise Financing Scheme \u2013 Trade Loan (EFS TL)<\/a><\/li>\n
  8. Temporary Bridging Loan Programme (TBLP)<\/a><\/li>\n
  9. Loan Insurance Scheme<\/a><\/li>\n<\/ol>\n

    \"\" \"\" \"\" \"\" \"\" \"\" \"\" \"\" \"\"<\/p>\n

    Source<\/a><\/p>\n

     <\/p>\n","protected":false},"excerpt":{"rendered":"

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