Tech Insights
In the face of rising living costs, vouchers for living costs have emerged as a crucial tool for financial support in Singapore.With the upcoming Budget 2025, the government is set to roll out SG60 vouchers, aiming to provide S$600 or S$800 to every citizen, in addition to S$800 in Community Development Council (CDC) vouchers per household.
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The cost of living in Singapore has become a pressing concern, as highlighted during the recent Budget 2025 debate.On February 26, Members of Parliament, including Hazel Poa and Yip Hon Weng, raised significant issues surrounding the Government’s financial assistance strategies, particularly regarding the rising expenses faced by families and seniors.
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The Singapore Budget 2025 has been hailed as a comprehensive plan aimed at uplifting all citizens, with Prime Minister Lawrence Wong emphasizing that “every Singaporean is supported from birth to old age.” This year’s budget highlights a range of initiatives designed to ease the financial burden on families, particularly those in lower-income brackets.Key features include the much-anticipated SG60 vouchers, providing significant support to commemorate Singapore’s 60th anniversary, and enhanced Community Development Council vouchers to help households combat rising living costs.
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