Govt will help S'poreans cope with cost pressures for as long as needed: PM

Every bit of support to address the cost of living counts, and the Government will keep doing what is necessary to help Singaporeans for as long as needed, said Prime Minister Lawrence Wong on March 3.

- Hariz Baharudin

In a video uploaded to his social media accounts, PM Wong acknowledged that the cost of living is the biggest concern for many Singaporeans, and understandably so.

"Prices have gone up, and it is tough for many families. You feel it when you buy groceries, pay your bills and manage your daily expenses," he said.

PM Wong noted that the Government provided additional measures in the 2025 Budget to further ease cost pressures. These include a special SG60 package that gives $600 in vouchers to all Singaporeans aged between 21 and 59 in 2025. Seniors aged 60 and above will get $800.

Among other measures, all households will receive $800 in CDC vouchers, with $500 to be disbursed in May, and the remaining $300 in January 2026.

"We will keep doing what is necessary to help Singaporeans through these difficult times and for as long as it is needed," PM Wong said.