Singaporean households can now claim $300 CDC vouchers

This is the first time two tranches of CDC vouchers have been given out in the same calendar year.SINGAPORE — Every Singaporean household can now claim $300 in Community Development Council vouchers for their daily expenses. They will be split equally for spending at participating hawkers and heartland merchants, and supermarkets.

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. DPM Gan said the total support provided in the Assurance Package is over $10 billion. All in all, each household would have received $1,300 worth of CDC vouchers to date.

The CDC vouchers scheme was first introduced in June 2020 during the pandemic to help lower-income households defray their daily expenses, while supporting local merchants and hawkers affected by the pandemic. It was expanded to all households in December 2021 to thank Singaporeans for their solidarity during the pandemic, and to support heartland businesses as they emerged from the pandemic.

"Today, we live in a very uncertain and volatile world. As a small and open economy, Singapore will naturally be affected by global developments," DPM Gan said. "But I am confident that as long as we stay united, we can overcome any challenges together." "We want to onboard more hawkers and heartland merchants on the CDC Voucher scheme to help them attract more customers and grow their clientele base," she said. "With more shops on the scheme, Singaporeans will enjoy greater options to reduce expenses using their CDC vouchers."From June 25, Singaporean households will receive a notification letter via mail on how to claim and spend their $300 CDC vouchers for June 2024.

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