Singaporean households can now claim $300 CDC vouchers
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SINGAPORE — Every Singaporean household can now claim $300 in Community Development Council (CDC) vouchers for their daily expenses. They will be split equally for spending at participating hawkers and heartland merchants, and supermarkets. The last trancSingaporean households can now claim $300 CDC vouchers
SINGAPORE — Every Singaporean household can now claim $300 in Community Development Council (CDC) vouchers for their daily expenses. They will be split equally for spending at participating hawkers and heartland merchants, and supermarkets. The last tranche of CDC vouchers worth $500 was launched by then-Deputy Prime Minister Lawrence Wong on Jan 3, 2024. It provided households with $200 more help than the previous tranche in 2023. The $500 given out in January 2024, together with the $300 in June, means that each Singaporean household will get a total of $800 in 2024. This is the first time two tranches of CDC vouchers have been given out in the same calendar year. Wong, who is also Finance Minister, announced at Budget 2024 in February that Singaporeans will get a mix of cash, vouchers and rebates under a $1.9 billion boost to the Assurance Package to help with cost-of-living concerns and an uncertain economic outlook. Among the enhancements were an additional $600 in CDC vouchers — the first $300 to be disbursed end June in 2024, and the remaining $300 will be disbursed in January 2025. Read more