As of May 2025, Singapore has rolled out an upgraded $1.2 billion Assurance Package to provide stronger financial aid amid growing living expenses. Announced under Budget 2025 and driven by Prime Minister and Finance Minister Lawrence Wong, this enhanced scheme focuses on providing steady relief to residents, especially those living in HDB flats. Key Features … Read more
In response to persistent cost-of-living pressures, healthcare affordability, and retirement adequacy concerns, the Singapore government has rolled out a comprehensive financial assistance package in April 2025. This includes enhancements to the Assurance Package (AP) and the Majulah Package, focusing on immediate relief and long-term financial resilience. Key components involve direct cash payments, MediSave top-ups, and … Read more
In response to inflation, escalating healthcare expenses, and concerns over retirement readiness, the Singapore government is rolling out a comprehensive set of financial support measures in May 2025. These payouts are part of the broader Assurance Package (AP) and Majulah Package, designed to provide targeted assistance across different income groups and age brackets. Breakdown of … Read more
As of May 2025, the Singapore government is disbursing a total of $1,920 in financial aid per eligible Singaporean adult. This initiative, part of the enhanced Assurance Package (AP) and Budget 2025 measures, aims to help households cope with rising living costs, especially amid continued inflationary pressures. This support is not a one-off payout. Instead, … Read more