Good evening! Here are the key highlights from Finance Minister Heng Swee Keat's Budget statement in Parliament on Tuesday .Households will get additional help with cost of living from a special $1.6 billion"Care and Support Package", with those less well-off receiving more.A slew of measures to deal with short-term challenges such as the coronavirus outbreak and long-term economic development were introduced.
Rental waivers will be given to eligible stallholders of hawker centres and markets, as well as commercial tenants.About 435,000 lower- to middle-income Singaporeans aged 55 to 70 who have not been able to set aside the prevailing Basic Retirement Sum will be eligible for the scheme.This will help this group of locals stay employable and move to new jobs or new roles.