Finance

Adult S’poreans To Get $600 Cash Payouts In Apr, To Help Households Cope With Covid-19

One-Off Solidarity Budget Payout Will Help Households Through Covid-19 Crisis

With the circuit breaker measures to combat Covid-19 coming into play tomorrow (7 Apr), many are anxious on how this would affect our economy.

However, our government already has the Solidarity Budget on hand to help everyone deal with the financial impact.

Source

In a ‘live’ address today (6 Apr), Deputy Prime Minister (DPM) Heng Swee Keat provided solutions for everyone to tide through this financially challenging time. This includes cash payouts for households that will be increased and brought forward.

Every adult Singaporean to get $600 cash in Solidarity Budget

DPM Heng announced that all eligible Singaporean adults will receive a one-off cash handout of at least $600 in total.

Source

This sum of money comes from bringing forward the $300 ‘Care and Support’ cash payout announced earlier together with an additional $300-$900, depending on income.

This brings the highest possible receivable cash payment amount to $1,200.

For most Singaporeans who have provided their bank details, the government will be automatically crediting this sum directly into their accounts by next Wednesday (14 Apr).

For any other citizens, handouts will be given via cheques from 30 Apr onward.

 

Further top-ups for select groups

The Solidarity Budget already seems pretty solid on its own, but the Singapore government has gone above and beyond to protect us.

On top of the new budget payouts, select groups of Singaporeans will also receive additional cash handouts.

Source

Parents will get $300 credited to each account if they have at least 1 child who is no older than 20 years of age.

For those aged 50 years and above, a $100 PAssion Card top-up will also be provided.

Source

Reduced financial worries thanks to our government

While these payouts may not solve all our Covid-19 woes, we definitely have the government to thank for lightening financial loads island-wide.

Kudos to our Singapore government yet again for doing their best to alleviate burdens amidst this challenging time.

Featured image adapted from Business Insider.

Caitlin Ng

Caitlin loves the sea, Star Wars and cats. She also probably wants to move to NYC one day.

Recent Posts

SM Lee goes jalan jalan at Bird Paradise, shares beautiful photos of its residents

"I was glad to see many visitors old and young at Bird Paradise," he said.

9 Nov 2024, 10:47 pm

Priest stabbed during mass at church along Upper Bukit Timah Road, S’porean attacker arrested

The attacker is a 37-year-old Singaporean Sinhalese.

9 Nov 2024, 9:49 pm

Tour bus carrying 41 passengers rear-ends trailer in M’sia, 4 people injured

The other passengers managed to escape the bus unharmed.

9 Nov 2024, 6:25 pm

‘Marriage proposals forbidden’: Fans discourage other fans from ruining popular Thai band’s final concert

One memorable show for you, a spoiled show for everyone else.

9 Nov 2024, 6:06 pm

‘Young person, stand up!’: Elderly lady in Japan berates pregnant commuter for using priority seat

Other commuters came to her aid, including the driver who told her it was alright…

9 Nov 2024, 5:30 pm

Man in Thailand shoots friend in jungle after mistaking him for wild animal

The shooter has been charged with manslaughter and illegal firearm possession.

9 Nov 2024, 4:19 pm