President Halimah has given her in-principle support for Singapore to draw on its reserves for 4th covid support package.
More information will be available tomorrow when DPM Heng Swee Keat delivers his statement in parliament.
Called the Fortitude Budget, jobs will be a key part of the support package, said Mr Heng on Monday (May 25), adding that there also will be more support for social sector agencies.
This will be considered the fourth Budget within two months, and the second time past reserves are tapped for the Government’s COVID-19 response.
Even as Singapore prepares to ease some restrictions in phases after the end of the “circuit breaker” period, Mdm Halimah warned against complacency.
“The war against COVID-19 is far from over. As we prepare to transit in phases after the circuit breaker, we must not let our guard down. Many of the good practices like good personal hygiene must remain our way of life,” she said.
“The fight against COVID-19 will be a long-drawn one. But I believe with tenacity and the support for one another, we can emerge stronger in this new world.”