Minister Heng Swee Keat announced today that the government will help all Singaporeans in their budget spending during the economic slowdown and uncertainties surrounding the COVID-19 outbreak.
It will provide a comprehensive care and support package for households amounting to around S $ 1.6 billion.
All Singaporeans aged 21 and over in 2020 will receive a one-time cash payment of $ 300, $ 200 or $ 100 depending on their income.
The amount of the U-Save discounts is doubled to all eligible HDB households by a one-time GST voucher (U-Save Special Payment).
The discount for surcharge and protection fees is extended by another year. Eligible HDB households receive discounts between 1.5 and 3.5 months.
Selected image source: Sam Kang on Bloomberg