[ ENHANCED SUPPORT FOR HOUSEHOLDS ]DPM Heng: All adult Singaporeans will receive a one-off Solidarity Payment of $600…
Posted by Heng Swee Keat on Ahad, 5 April 2020
As per reported by Straits Times, this is second time that the government have enhanced the payout as many months. Back in February, the government had announced payouts of between $100 and $300 for every adult Singaporean and in March, this was tripled to between $300 and $900, with payouts due to be distributed from August to September.
Our Finance Minister – Mr Heng said that $300 of that payment has been brought forward to April and supplemented with a further $300 to form what will be called the Solidarity Payment. The rest of the payments will also be brought forward to June. All adult Singaporeans will thus receive $600 in April, with those who qualify for the higher tiers receiving a further $300 or $600 in June.
Here is a illustration:
Some FAQ of the Solidarity Budget that will explain more.
If you need more details, you can check out the MOF official page for more details.
BTW, in case you didn’t know, The Temporary Relief Fund which is now open for applications, will give a one-time cash grant of $500 to those who have lost their jobs or income because of the coronavirus outbreak.