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A15. Budget 2019 is a strategic plan to allocate resources to build a Strong, United Singapore. In this bicentennial year, let us draw on our strengths, and our Singaporean DNA – openness, multi-culturalism, and self-determination – to continue to progress. a. At a fundamental level, we must keep Singapore safe and secure.
Feb 18, 2019 · SINGAPORE - Finance Minister Heng Swee Keat on Monday (Feb 18) delivered a generous Budget that will help Singaporeans with healthcare costs and other expenses, and provide support for...
Feb 18, 2019 · SINGAPORE - Lower-wage workers will receive higher payouts under a government scheme to help them supplement their income and Central Provident Fund (CPF) savings.
- 1.1 billion Bicentennial Bonus. Singapore's bicentennial year will bring a crop of benefits for a wide range of citizens, from lower-income individuals to parents with schoolchildren to those in their silver years.
- Merdeka Generation Package. About 500,000 Singaporeans who belong to the nation-building Merdeka Generation will receive a boost to help them stay active in their silver years, and give them better peace of mind over future healthcare costs.
- Support for firms to scale up, funding for SMEs. More On This Topic. $1.1b Bicentennial Bonus for Singaporeans.
- Reducing the reliance on foreign workers in the services sector.
Feb 18, 2019 · SINGAPORE — Low-wage workers will get higher maximum payouts by up to S$400 a year from next January through an enhanced Workfare Income Supplement (WIS) scheme.
On quality of life, Budget 2019 acknowledges broader sustainability concerns, including what Singapore is doing to tackle climate change. To foster a “united Singapore”, the highlight of the Budget’s offerings is the Merdeka Generation Package, with benefits including more outpatient subsidies and MediSave top-ups.
Feb 18, 2019 · View details of the Singapore Budget 2019. Enhancement of Workfare Income Supplement Scheme. The Government will enhance the Workfare Income Supplement (WIS) Scheme to supplement the incomes and CPF savings of lower-wage workers, as well as to encourage them to work regularly.
