Government launches $48b resilience budget against COVID-19 pandemic

Submitted By:  Frances Gagua Case Study:  No Qualified commercial properties may receive a 100% tax rebate. The government has unveiled its $48b resilience budget to help businesses, workers, and residents weather the negative impact of the ongoing coronavirus pandemic. All government fees and charges have been frozen for a period of one year starting 1 April up to 31 March 2021. Loan repayments and interest charges for government loan schemes, including student debt, has also been suspended for a period of one year. read more