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Serious I have just ejaculated from news of 2026 CDC vouchers!

Pinkieslut

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Higher cash payouts, help for platform workers as Singapore announces S$1b support package amid Iran war
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Singapore

Higher cash payouts, help for platform workers as Singapore announces S$1b support package amid Iran war
The next tranche of S$500 in CDC vouchers will be brought forward to June this year.

Higher cash payouts, help for platform workers as Singapore announces S$1b support package amid Iran war
People in the central business district in Singapore on Mar 25, 2022. (File photo: CNA/Gaya Chandramohan)


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Koh Wan Ting
Koh Wan Ting
07 Apr 2026 02:10PM (Updated: 07 Apr 2026 02:23PM)
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Read a summary of this article on FAST.
FAST
SINGAPORE: Singaporeans will receive higher Cost-of-Living (COL) special payments and platform workers will get cash relief under new measures rolled out in response to the war in Iran.

The new support package will cost close to S$1 billion on top of what was committed at Budget 2026, Senior Minister of State for Finance Jeffrey Siow said on Tuesday (Apr 7).

The one-off COL special payment – announced during Budget and to be disbursed in September – will be topped up by S$200.

Eligible adult Singaporeans with an assessable income of up to S$100,000, who do not own more than one property, will now receive between S$400 and S$600 in cash. About 2.4 million Singaporeans are expected to benefit.


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Also announced at Budget 2026 and originally due in January 2027, the next tranche of S$500 in Community Development Council (CDC) vouchers will instead be disbursed in June this year.

The vouchers, which are valid until Dec 31, 2027 and will cost the government S$700.07 million, are expected to benefit about 1.4 million Singaporean households.


Mr Siow added that the government was closely monitoring the prices of food and other essential goods and services.

“So far, rising fuel prices have not yet fully percolated into wider price increases across the economy,” Mr Siow said in a ministerial statement delivered in parliament.

“Given the heightened uncertainty in the Middle East, it is still too early update our projections of inflation in Singapore, or to quantify the full impact on households. But we know the situation has amplified cost-of-living anxieties for Singaporeans.”

The household measures were meant to reassure Singaporeans that cost increases in the coming months can be managed, he added.

Earlier, in a separate ministerial statement, Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong warned that the crisis caused by the Middle East conflict was unlikely to be over anytime soon, and Singapore must be prepared for its effects to persist for some time.

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After the vouchers, we still have to deal with high prices and to pay back by other taxes especially gst?
 
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