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Singapore Budget 2003
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Budget 2003
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Budget Speech 2003
   
Parliamentary Statement by DPM and Minister for Finance on Help Measures For Singaporeans and Businesses, 29 Aug 2003
 

Tourism Recovery Fund

 
53. The Government will set aside $100 million for a Tourism Recovery Fund. This includes the $50 million for the Global Recovery Programme that STB announced in June 2003 to bring tourists back to Singapore through confidence-building programmes, overseas travel promotions and a global advertising campaign. Another $50 million will be used to develop four key tourism segments: leisure travel, business travel and MICE (meetings, incentives, conventions and exhibitions), and healthcare and education services.
   
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