1.5 million Singaporeans to get up to S$850 in August to cope with rising costs

📆 7/4/2024 2:04 PM
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The payments will be made to Singaporeans aged 21 and above who have an assessable income of up to $34,000 for the year of assessment 2023.About 650,000 Singapore citizens aged 65 and above will also have up to $450 credited to their Central Provident Fund MediSave accounts in August. The 2024 GSTV disbursements, which were first announced by Prime Minister Lawrence Wong in February 2023, will amount to $1.4 billion, which is around $200 million more than in 2023, according to the ministry.

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