Post by Ministry of Finance (Singapore)

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Missed the Ministerial Statement on how the Government is helping Singaporeans and businesses tackle the impact of the Middle East situation? Here’s a quick sum-up of the 6 key announcements: ➡️ Bringing forward $500 CDC Vouchers to Jun 2026 ➡️ Increasing Cost-of-Living Special Payment by $200, to a total of $400 - $600, to be disbursed in Sep 2026 ➡️ $200 cash relief for eligible platform workers, private hire car drivers and taxi drivers ➡️ Temporary co-funding of cost increases for essential bus services, such as for school students, seniors and persons with disabilities ➡️ Corporate Income Tax Rebate will be enhanced to 50% for YA2026 ➡️ Base tier of the Energy Efficiency Grant will be expanded to all sectors and extended to 31 Mar 2028 💡 Find out more on singaporebudget.gov.sg

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