Singapore Government
Singapore Budget 2002
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Budget 2002
Documents for Downloading

   
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  PART II: THE FY 2002 BUDGET  
 
 
 
 
 
  PART III: TAX AND FEE CHANGES  
 
 
 
 
 
 
 
  PART IV: THE ECONOMIC RESTRUCTURING PACKAGE  
 
 
 
 
 
 
 
 
  PART V:  
  ANNEXES  
 
 
 
 
 
 
 
 
 
 
 
 
     

 
 
Budget Speech 2002
   
Foreign Worker Levy
 

3.19 The Foreign Worker Levy was reduced in 1999 to help tide companies over the 1998 economic downturn sparked off by the Asian Financial Crisis. This concession was extended in 2001 to July this year because of the current economic recession. Given the uncertainty over economic recovery, the Government has decided to extend the concession for a further six months until December 2002. We will review the matter again towards the end of the year.

 
 
   
 
 
   
     
 
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