COVID-19: 4th Budget by DPM Heng Swee Keat

[RadX]

Ah heng delivering now

https://www.facebook.com/ChannelNewsAsia/videos/625168848330278/

 

in principle approval given by Halimah 

 

now details

[RadX]

Now still

talking

 

tell story

[RadX]

Gonna be a long haul till end of the year

[RadX]

Global financial markets laosai gao gao 

 

global recession gonna be inbound soon

[RadX]

Still talking and rah rah

[Neost]

can ask him to talk conclusion first?

 

[RadX]

48billion extra money

 

walau 

 

additional to resilience budget

[RadX]

Amounts to 11% of gdp
 

1. Save jobs

 

2. help enterprise overcome challenges 

 

3. 

 

drink water...

[RadX]

Save jobs

 

- help those employed , stay employed

 

- wage credit scheme and all to be enhanced incl Job support. Co funding from 8 to 25%
 

food 50% of wages

airbtravel up to 75% wage support

 

to end of 2020

[RadX]

15.1b for the scheme

 

suppprt workers in enterprises

 

for self employed now:

- hard to reach

- taxi and phv are examples

- coaches

 

give direct cash support so SERS will be launched. $1k a month for 9 months

 

1.2b for this

[RadX]

- downtime for training allowance for self employed, additional 48mil 

- low income workers will be supplemented through WIS. Increased from 20% to 3k in cash ... woooow 

 

- more hep for job seekers help, incl students newly graduated. Sgunited traineeships will be launched. Workforce sgp co pays for up to 8000 personnel 

[Wind30]

5 minutes ago, RadX said:

Save jobs

 

- help those employed , stay employed

 

- wage credit scheme and all to be enhanced incl Job support. Co funding from 8 to 25%
 

food 50% of wages

airbtravel up to 75% wage support

 

to end of 2020

75%??? seriously? cannot lah... is there a cap? Cannot be paying all the high salary of pilots...

[RadX]

SGunited jobs initiative... hope all for sinkies and no more FTs

 

offer short term temp jobs given too

[RadX]

Just now, Wind30 said:

75%??? seriously? cannot lah... is there a cap? Cannot be paying all the high salary of pilots...

Think for lower folks le

[Starry]

5 minutes ago, RadX said:

Save jobs

 

- help those employed , stay employed

 

- wage credit scheme and all to be enhanced incl Job support. Co funding from 8 to 25%
 

food 50% of wages

airbtravel up to 75% wage support

 

to end of 2020

Self employed one got help or not?

Can I go claim 25% of my annual income? 

[RadX]

Impact on covid will lose jobs

 

gahmen will help and coMCare will be more flexible in exercising them

[RadX]

Just now, Starry said:

Self employed one got help or not?

Can I go claim 25% of my annual income? 

Look for mr tan ku ku 

[Wind30]

1 minute ago, RadX said:

Think for lower folks le

that is why must have cap lah