As money-minded millennials (no shame in that, right?), we care about financial matters that both directly and indirectly affect us. And if you haven’t heard, the Singapore Budget 2020 speech was delivered by Deputy Prime Minister Heng Swee Keat yesterday: immediate measures include a $4 billion package to help firms with cash flow and retain workers, and $1.6 billion for household expenses amid the coronavirus outbreak.
More long-term help included $6 billion set aside to cushion the impact of a future goods and services tax (GST) increase, and $8.3 billion to be spent on growing and transforming the economy over three years. Scroll the gallery to learn more about the initiatives.
More stories from CLEO
How You Can Get Started On Achieving Your 2020 Career Goals
Do I Need A New Job Or Am I Just Having A Bad Week?
Here’s Why You Don’t Have To Be Afraid Of Changing Jobs In A Bad Economy
Text: Choo Yun Ting/The Straits Times