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As announced at Budget 2023, the Government will hand out a one-time ‘cost-of-living special payment’ and another S$300 in CDC vouchers to allay inflation concerns. The scheme has also be expanded recently and the vouchers can now be used at supermarkets as well.

Denise Phua, Mayor of Central Singapore District shares more on this scheme and the spending rate of these CDC Vouchers since its inception. 

As announced at Budget 2023, the Government will hand out a one-time ‘cost-of-living special payment’ and another S$300 in CDC vouchers to allay inflation concerns. The scheme has also be expanded recently and the vouchers can now be used at supermarkets as well.
Denise Phua, Mayor of Central Singapore District shares more on this scheme and the spending rate of these CDC Vouchers since its inception.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

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