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Budget 2025: More support for cost of living
AsiaOne
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2/18/2025
Budget 2025: CDC vouchers, top-ups to Edusave or Post-Secondary Education Account among slew of measures announced to provide more support to households.
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Transcript
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00:30
First, I will provide $800 in CDC vouchers to every Singaporean household.
00:39
The first $500 will be disbursed in May this year, and the remaining $300 will be disbursed
00:45
in January next year.
00:47
Second, I will provide additional USAFE rebates to help households cope with their utilities
00:53
expenses.
00:55
Eligible HDB households will receive up to $760 this financial year.
01:01
This is double the amount of regular USAFE rebates.
01:05
Third, I will provide more support to families with children.
01:10
They will receive $500 in LiveSG credits for each Singaporean child aged 12 and below this
01:18
year.
01:19
Every Singaporean aged 13 to 20 this year will also receive a $500 top-up to their EduSAFE
01:27
account or their post-secondary education account.
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