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MOM announcements in 2018 Budget Statement

This year’s Budget Statement was delivered by Minister for Finance, Mr Heng Swee Keat, in Parliament on Monday, 19 February 2018.

Singapore Budget 2018

You can find MOM-related announcements on our official MOM Facebook page.

Changes to FDW levy framework

There will be three changes from 1 April 2019:

  • For the first FDW who is employed without levy concession, the monthly levy will be raised from $265 to $300.
  • For the second FDW who is employed without levy concession, the monthly levy will be raised to $450.
  • The qualifying age for levy concession under the aged person scheme will be raised from 65 to 67 years.

You can find out more at:

Changes to foreign worker levy rates

Foreign worker levy rates will remain unchanged for all sectors.

The earlier-announced foreign worker levy increases for marine shipyard and process sectors will be deferred for another year.

You can find out more at the budget annex on foreign worker levy.

The latest updates on the Budget can be found on the Singapore Budget 2018 website and MOF Facebook page.
Last Updated: 20 February 2018