Singaporean households will benefit from a $1.6b Care and Support Package in 2020, announced Finance Minister Heng Swee Keat while delivering the Singapore Budget 2020.

This comes in light of COVID-19, and as more Singaporeans grapple with rising living costs.

In all, a young family living in an eligible HDB household can expect to receive about $1,300 — while a three-generation family will receive up to $1,800.

Cash Payouts, Rebates for U-Save and Service & Conservancy Charges

The $1.6 Care and Support Package will be distributed in the form of:

One-off cash payouts of $100, $200 and $300 for all Singaporeans aged 21 or older, depending on their income Service & Conservancy Charges rebates of between 1.5 months to 3.5 months for certain HDB households. These will be extended for a year. A one-off GST voucher (GSTV) — the U-Save Special Payment — for eligible HDB households, in addition to...