How the Resilience Budget for COVID-19 Can Benefit Your Family

During this time of crisis, the government recently release schemes to help Singaporeans.

In terms of households, the Care and Support Package, which was announced in Budget 2020, will be ramped up in various ways to around S$4.6 billion.

The scheme will include a tripling of the cash payout for all adult Singaporeans, as well as that given to parents with young children. To help needy Singaporeans with daily expenses, especially in the cost of food, grocery vouchers given to them this year will also be tripled to S$300.

A Summary of overall benefits from Apr - Dec can be seen below:

References:

CNA. 2020.COVID-19 Resilience Budget: ‘Landmark’ S$48 Billion Package To Tide Singapore Through ‘Unprecedented’ Crisis. [online] Available at: <https://www.channelnewsasia.com/news/singapore/covid-19-resilience-budget-package-economy-jobs-employment-12578910> [Accessed 1 April 2020].

Singaporebudget.gov.sg. 2020.MOF | Singapore Budget 2020 | Resilience Budget. [online] Available at: <https://www.singaporebudget.gov.sg/budget_2020/resilience-budget> [Accessed 1 April 2020].