Singapore announces S$1.1 bln cost-of-living support package ...Middle East

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SINGAPORE: Singapore Deputy Prime Minister and Minister for Finance Lawrence Wong has announced a S$1.1 billion (S$1=RM3.43) Cost-of-Living Support Package to provide more relief for Singaporean households, especially lower- to middle-income families.“This builds on the measures announced at Budget 2023,” said Ministry of Finance (MOF) in a statement today.MOF said the government has provided assistance through budget and off-budget measures since the start of last year, which aims at helping Singaporeans to better cope with higher inflation and cost-of-living concerns.“While inflation has come down from its peak, households are still dealing with the impact of price increases in various are

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