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S'porean households can now claim $300 in CDC vouchers
The Straits Times
|June 26, 2024
Every Singaporean household can now claim $300 in CDC vouchers for its daily expenses.
The vouchers can be claimed online at go.gov.sg/cdcv, and will be split equally for spending at participating hawkers and heartland merchants, and supermarkets.
The last tranche of CDC vouchers worth $500 was launched by then Deputy Prime Minister Lawrence Wong on Jan 3, 2024. It provided households with $200 more help than the previous tranche in 2023.
The $500 given out in January, together with the $300 in June, means that each Singaporean household will get a total of $800 in 2024. This is the first time two tranches of CDC vouchers have been given out in the same calendar year.
Prime Minister 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.
Among the enhancements were an additional $600 in CDC vouchers - the first $300 to be disbursed in end-June in 2024, and the remaining $300 in January 2025.
Deputy Prime Minister Gan Kim Yong, who is also Minister for Trade and Industry, launched the latest tranche of CDC vouchers at West Coast Community Centre on June 25. With him were National Development Minister Desmond Lee, who is also Minister-in-charge of Social Services Integration and an MP for West Coast GRC, as well as the five mayors.
DPM Gan said the total support provided in the Assurance Package is more than $10 billion. All in all, each household would have received $1,300 worth of CDC vouchers to date.
He added that about 1.3 million households have claimed the CDC vouchers disbursed in January 2024.
Of the claimed vouchers, more than $500 million has been spent at participating heartland merchants, hawkers and supermarkets. On the whole, Singaporean households have used more than $1 billion of CDC vouchers across the four tranches.
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