Economy

Singapore announces another plan on cost of living

The package, which comes on top of the additional S$1.5bil in support announced in June, is geared towards those in the lower and middle income bands. — Reuters

SINGAPORE: Singapore’s Finance Ministry has announced an additional S$1.1bil to help households handle increases in the cost of living.

The package includes an additional S$200 for 2.5 million adult Singaporeans, just under half of its population, to be disbursed in December.

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Singapore , CostOfLiving , AdditionalSupport , LowerAndMiddleIncomeGroups , Inflation , MonetaryPolicy , EconomicGrowth

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