Government announced the suspension of student-loan interest and repayment charges, for a year and the suspension of late-payment charges on public-housing mortgage arrears for three months, as part of a stimulus package of S$48 billion ($33 billion). Other measures in the package include: scrapping of property tax for virus-hit hotels, restaurants and shops, expansion of wage support for businesses, including extra support for those in food services, aviation and tourism industries, and freeze of government fees and charges.