Prime Minister Lawrence Wong has dished out a number of vouchers for Singaporeans this year.
Singaporean households will receive $800 in CDC vouchers. This will be given out in two tranches: $500 in May and $300 in January 2026.
On top of that, families living in HDB flats will receive an additional $100 in Climate Vouchers, on top of the $300 given out last year.
The vouchers are part of the Climate Friendly Households Programme, which was expanded to all HDB flats last year. They can be used to buy 10 types of energy- and water-efficient household products.
Those living in private estates will receive $400 in Climate Vouchers.
SG60 package
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To mark Singapore’s 60th birthday, Singaporeans aged 21 and above this year will receive cash vouchers of up to $800. This will be given out in July. Each Singaporean adult will receive $600, while seniors aged 60 and above will receive an additional $200.
These vouchers are similar to the CDC vouchers and can be claimed at participating supermarkets, heartland merchants and hawkers.
On top of that, Singaporeans will enjoy a personal income tax rebate of 60% for the 2025 year of assessment, capped at $200.
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Newborns this year will also receive a baby gift this year.
The SG60 vouchers are expected to cost the government $2.02 billion in this financial year.
Lifestyle credits
The government had announced $100 in SG60 ActiveSG credits for all ActiveSG members to enjoy sports.
Another $100 will be dished out via a new SG Culture Pass to encourage Singaporeans to indulge in arts and heritage activities.
Follow the market’s reaction to Budget 2025 on The Edge Singapore.
