Lawrence Wong, both the Prime Minister and Finance Minister of Singapore, recently revealed that the nation’s Budget for 2025 aims to serve all Singaporeans. Last year brought about several significant changes such as the closure of the CPF Special Account, among other initiatives unveiled during Budget 2024. For 2025, a variety of measures have been introduced, including an increase in CDC vouchers, new climate vouchers, a celebratory SG60 package, and credits through LifeSG.
Let’s delve into the major announcements from his Budget 2025 speech and consider how they might affect you personally.
### 10 Ways Singapore Budget 2024 Could Impact You
#### #1 – Increase in CDC Vouchers
Who’s eligible: Every Singaporean household
Singaporean households are set to benefit from an extra S$800 in CDC vouchers. The distribution is planned with S$500 arriving this May and the remaining S$300 scheduled for January 2026. This initiative aims to…
