Lawrence provides some support.
2 d ·
I’ve announced a fresh $1.5 billion support package today to provide additional help for households, to cope with the impact of inflation and higher prices. This is on top of the support provided for Singaporeans earlier this year.
Inflation affects all of us, especially those in need. This is why the support package is designed with our lower- and middle-income families in mind, as well as our retirees who have no income from work. The latest package includes:
Cost of Living Special Payment, worth up to $500, to 2.5 million eligible adult Singaporeans
Additional $100 CDC Vouchers to every Singaporean household
600,000 Public Transport Vouchers, worth $30 each, for eligible resident households
Revised income eligibility criteria for MOE Financial Assistance Schemes, to defray school expenses for more students
I understand that it has been a bumpy journey for everyone. As with all previous challenges, big or small, we will do our part to support Singaporeans through challenging times. When we are united, and support each other, we are stronger together.