Minister of Finance Lawrence Wong, shared how he visited the merchants and hawkers at Tampines West and is happy to see many onboard the CDC vouchers scheme.
Here is what he said
Visited our heartland merchants and hawkers today at Tampines West! Happy to see that many are on board the Community Development Council (CDC) Vouchers Scheme.
Many of us are concerned about the impact of rising prices on daily expenses. We are not alone – prices are increasing worldwide due to the war, and the impact of the pandemic.
That is why we are taking immediate action to help Singaporeans cope – today, every Singaporean household will receive another $100 worth of CDC vouchers.
We are also disbursing S&CC and U-Save rebates in July and October, and January next year. And we will issue more CDC Vouchers in the next two years too.
We will continue to monitor the global situation, and will not hesitate to take further action to help households and businesses if the situation worsens.