The government will provide a Stabilization and Support Package amounting to $4 billion to help our workers and enterprises to weather the near-term economic uncertainties. This will include a Jobs Support Scheme, enhanced Wage Credit Scheme for workers and Corporate Income Tax Rebate and enhanced Enterprise Financing Scheme’s Working Capital Loan component. Deputy Prime Minister Heng Swee Keat, at the Budget Speech 2020 in Parliament on 18 February 2020.
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