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Solidarity Budget: All Adult S’poreans To Get One-Off S$600 Cash Payment By 14 April

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Finance Minister Heng Swee Keat introduced as we speak that each one grownup Singaporeans will obtain a one-off Solidarity Cost of S$600 in money, to assist households deal with the affect of COVID-19.

This includes of S$300 introduced ahead from the beforehand introduced Care and Assist Bundle, and an extra new payout of S$300.

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Heng first introduced payouts of S$100 to S$300 for all grownup Singaporeans in his Unity Price range in February, then elevated this to S$300 to S$900 within the Resilience Price range in March.

This was initially deliberate to be distributed between August and September 2020.

Now, Singaporeans who’ve beforehand supplied their checking account particulars to the Authorities will obtain the S$600 Solidarity Cost straight credited into their financial institution accounts by 14 April.

Others will obtain the cost in cheque in levels, beginning 30 April.

Singaporeans who qualify for greater tiers of assist will then obtain an extra S$300 or S$600 in June.

In the identical month, dad and mom with not less than one youngster aged 20 and beneath may also obtain an extra S$300 payout.

Singaporeans who’re 50 and above this 12 months may also have their S$100 PAssion Card top-up introduced ahead to June.

Featured Picture Credit score: Bloomberg

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