Type of Intervention: Financial and Economic
Sectors Involved: Finance/Economy
Intervention Categories: New initiatives
Level of Jurisdiction: National
Lead People/Agency: Deputy Prime Minister and Finance Minister Heng Swee Keat
Overview: Pre-announcement of support for businesses & families during COVID-19 period
Full details here: https://www.mof.gov.sg/newsroom/press-releases/government-support-for-firms-and-workers-in-response-to-the-2019-ncov-novel-coronavirus-outbreak
Type of Justification: Statement of situation – the source of evidence or specific data are not stated here
Source of Evidence or Justification: not stated
Evidence/Justification: Economic slowdown, particularly immediate in the travel/tourism and hospitality sectors