Budget 2023 > Latest > Commentary
Enterprise Digitalisation and Innovation
Sir, the pandemic has accelerated digitalisation and transformed the way business is done. Budget 2022 provided a big push for our SMEs in their digitalisation journey, with $200 million to enhance schemes for them to build digital capabilities.
While this is gaining momentum, in tandem also with the commendable efforts in digitalising our heartland merchants and residents by the SG Digital Office, little has been said specifically on SME digitalisation in Budget 2023.
Given this, what is MTI’s assessment of the digitalisation progress of our SMEs so far?
The need for SMEs to embark on or continue their digitalisation journey is an urgent one. What initiatives and measures is the Minister considering to further accelerate the digitalisation of SMEs in this Budget?
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