On Friday(May 28), the Ministry of Finance(MOF) said that lower- to middle-income workers that are financially affected by the latest Covid-19 restrictions may receive a one-time payout of up to $700. This grant also applies to self-employed workers.
Eligible Employees placed on involuntary no-pay leave for at least a month from May 16 to June 30, or who had an income loss of at least 50 per cent, can apply for the new Covid-19 Recovery Grant (Temporary)(CRG-T).
Applications will be opened from June 3 to July 2
MOF said that this grant is part of an $800m support package that is being carried out to help individuals and businesses.
CRG-T acts as a supplement to the current Covid-19 Recovery Grant that was launched on Jan 18 to support lower- to middle-income workers and self-employed people affected by Covid-19 Finance Minister Lawrence Wong said.
“There are certain conditions and criteria attached to the CRG. We are not changing that. But we are, in a way, piggybacking on the existing scheme with a temporary scheme with different conditions specific to the current heightened alert situation, where activities have been scaled back and there are these additional restrictions.”
“So this is temporary, it’s meant for this particular period. After that we will continue with the regular CRG scheme,” Mr Wong added