More CDC vouchers, utility rebates and cash payouts to help Singaporeans with cost of living: PM Wong
Singaporeans can look forward to more payouts to tackle cost-of-living concerns in the coming months, Prime Minister Lawrence Wong has said on Wednesday (Oct 2).
In a video shared on his YouTube channel, PM Wong, who is also the finance minister, said that more help will be given to households to offset their utility bills, and up to $600 in cash payouts for every Singaporean.
There will also be another $300 in Community Development Council (CDC) vouchers for every household that will be disbursed in January 2025.
These measures to cushion the impact of cost of living increases are part of the government-introduced Assurance Package, which has been enhanced three times since 2022, bringing its total to over $10 billion.
So far this year, every Singaporean household was given $800 in CDC vouchers, and those living in public housing have received up to $400 in utilities rebates.
Eligible Singapore citizens have also received up to $700 in cash payouts.