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In 2025, COE collected 8.6 billion
Shocking1.3 million Singaporean households received CDC vouchers.
S$8.6 billion works out to roughly S$6,600 per household ! far more than the S$800 we actually get.
COE is ‘windfall’ revenue that literally comes from selling paper, money extracted from residents.
Why is the govt so stingy when they can well afford to pay more JUST ON COE collected in a single year ?
Not even asking for the full amount , even 2k is peanuts to them.