Budget 2019 round up: What you need to know
Finance Minister Heng Swee Keat delivered the #SGBudget2019 speech on Monday (Feb 18). Here's a round up of key points from this year's budget.
> Foreign worker quota in services sector to be cut gradually to 35% by 2021
> S$1 billion to help companies transform
> Enhanced Workfare scheme among support for low-income households
> MediSave top-ups, outpatient care subsidies under S$8b Merdeka Generation Package
> Chas to be enhanced, outcomes to be tracked
> Top-ups for students, GST Vouchers part of S$1.1b Bicentennial Bonus
> Total infrastructure bill to rise as S’pore fights climate change and rising sea levels
> Returning home from holiday? You may have to pay more GST, buy less duty-free liquor
> Govt to fund large projects through borrowing, using taxes for recurrent needs
ICYMI, watch Mr Heng's speech here:
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