One main thrust of Budget 2020 is to enable Singaporeans to have good jobs, earn good wages and stay employable. To help each Singaporean develop their fullest potential, there are measures at every stage of life to support them in their lifelong learning journey – in school and in their working years.
The Next Bound of SkillFuture enables all Singaporeans and firms to acquire new skills in this period of economic slowdown. For those in their 40s to 50s, the SkillsFuture Mid-Career Support Package provides education and training opportunities to ensure they upskill and stay employable.
To read the full Budget 2020 speech, click here.