Singapore Budget 2021 - Emerging stronger together in a post-COVID-19 world

2020 was a year like no other. Singapore's show of resilience, solidarity, and fortitude paid off: we were able to reopen the economy successfully. While the nation is on its way to economic recovery, the fight against COVID-19 is not over. To thrive in a post-pandemic world, we will have to be agile and resourceful, as a small open economy.

Budget 2021 delivers immediate relief with an S$11 billion COVID-19 Resilience Package, including a S$24 billion package across the next three years. These measures will enable Singapore's workforce to be future-ready, rebuild our business community, and boost critically-hit sectors. This year's Budget will ensure Singapore's long-term future by helping firms and workers seize new opportunities and improve on capabilities.

Now, let us forge ahead and emerge stronger together from this crisis.

The following measures were enhanced or proposed against the backdrop of restrictions and disruptions to businesses due to COVID-19:

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Covid-19 Global Tax and Law Tracker

The COVID-19 pandemic is a constantly evolving global health crisis that is creating a huge range of challenges for individuals and businesses around the world. As governments take unprecedented action to prevent the spread of the virus, businesses are facing an ever-more complex environment to operate within.