A total of $7 billion, which will go to more than 140,000 employers, has been set aside to help to cover the wages of over 1.9 million local employees here.. Read more at straitstimes.com.
SINGAPORE - Employers have begun getting the first payouts under the Jobs Support Scheme, said the Ministry of Finance and Inland Revenue Authority of Singapore in a joint statement on Wednesday .
The scheme was first announced by Deputy Prime Minister Heng Swee Keat in his Feb 18 Budget speech, and enhanced in the Resilience and Solidarity Budgets - collectively known as the supplementary budget - on March 26 and April 6. The wage cap will also be raised from $3,600 to $4,600, with the scheme extended for another six months so that employers will get payouts in May, July and October, Mr Heng said.
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