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SINGAPORE — Singaporean households can use their S$500 of Community Development Council (CDC) vouchers from Wednesday (Jan 3), at double the number of merchants from 2021.
The September 2023 Cost-Of-Living Support Package will cost $1.1 billion and is aimed at helping Singapore households cope with inflation
Combined with what was announced in Budget 2023, about 2.5mn Singaporeans will receive up to S$800 in cash this December, amongst other support measures in the coming months.
During the Budget 2023 statement in February this year, Deputy Prime Minister Lawrence Wong announced a suite of support measures to allay inflation concerns. He said that these measures were to help Singaporeans tide through this period of higher inflation and cushion the impact of the new GST rates. "On average, for lower-income households, the enhancements will fully cover the...
Among measures announced by DPM Wong, the Government-paid paternity leave will be doubled from 1 January 2024, and CPF monthly salary ceiling will be raised from S$6,000 to S$8,000 by 2026.