DPM Heng Swee Keat's ministerial statement to give advance info on Covid-19 aid schemes: Indranee

A number of measures announced during the four successive Budgets from February to May will be ending soon. ST PHOTO: GAVIN FOO

Deputy Prime Minister Heng Swee Keat's ministerial statement tomorrow will allow Singaporeans to know if there will be any additional Covid-19 government support measures, said Minister in the Prime Minister's Office Indranee Rajah.

This comes as some support measures are ending soon.

During a virtual interview yesterday, Ms Indranee, who is also Second Minister for Finance and National Development, said that a number of measures announced during the four successive Budgets from February to May will be ending soon.

These include the Jobs Support Scheme (JSS) of wage subsidies, foreign worker levy waivers, and financial assistance for the self-employed under the Self-Employed Person Income Relief Scheme (Sirs).

The final payouts for the JSS and Sirs, for example, are in October unless the schemes are extended.

"It's always good when things are ending off, to let people know in advance if there are any other measures that would be either supplementing or adding on to that," Ms Indranee said.

"Given the current economic situation, we think that it's important to let people know in time."

Parliament will open on Aug 24.

The formal opening of the Parliament session is usually marked by the President's address. This usually discusses longer-term issues and the Government's agenda for the rest of the term.

"So it's helpful to have a ministerial statement which focuses on the day-to-day and some of the immediate things," said Ms Indranee.

DPM Heng has said he will make a statement tomorrow on how the Government will continue to support workers and businesses, even as aid schemes are due to expire while the Covid-19 outbreak drags on.

He will deliver the statement at 3.30pm via a broadcast carried on The Straits Times website, CNA, CNA938 and Mediacorp MeWatch.

The statement comes amid a deepening recession, with Singapore's gross domestic product (GDP) shrinking by 6.7 per cent in the first half of the year.

The Ministry of Trade and Industry now predicts GDP will decline by 5 per cent to 7 per cent this year, compared with the previous range forecast of minus 4 per cent to minus 7 per cent.

In the second quarter, the economy contracted by 13.2 per cent year on year, sharper than the 12.6 per cent plunge earlier estimated and the worst on record.

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A version of this article appeared in the print edition of The Sunday Times on August 16, 2020, with the headline DPM Heng Swee Keat's ministerial statement to give advance info on Covid-19 aid schemes: Indranee. Subscribe