Going back to the Oxford dictionary definition of poverty, it refers to the extremely poor. There is absolute poverty and relative poverty within richer societies.
The bottom 10% of society can be said to be extremely poor.
In Singapore:
https://dollarsandsense.sg/3-hard-truths-about-poverty-in-singapore/
Hard Truths About Poverty
1. 110,000 – 140,000 household falls under the basic living expenditure of $1,250
The Department of Statistics measured the amount needed for basic living expenses to be at $1,250 per month, per household. According to data published in 2011, 10 – 12% of household fall under this level.
$1,250, or about $312 per person, is not a high amount and we doubt anyone will disagree on that.
More tellingly, what the statistics revealed is that about 440,000 to 560,000 (based on each household having 4 family members) are actually living within or below that amount.
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Living with $300 per month can only buy you around 40 SAF cookhouse meals. Or barely 1.3 meals a day.
This is poverty in Singapore, to be able to only afford 1.3 cookhouse meals per day.
150,000 households, if given $1000 per month, would cost the country $1.8 billion dollars annually. But there would be knock on effects as the poor would tend to spend 90-100% of the money back into the economy.
In terms of pump priming the economy, this is way more useful than wasteful construction projects like digging up the road outside my house 3 times in less than 2 years for godknowswhat pipe/cable laying/repair etc. That money goes into foreign workers pockets which are repatriated overseas, leaking dollars
So I say we rethink this issue and consider giving the bottom 10% of households $1000 per month.
The economic benefits of such a policy are desirable. $2Bn would hardly be inflationary to our $320+ billion economy.