Personal Finance
Merdeka Generation And Its Major Benefits Explained – How Does It Affect You?
By Seedly  •  February 19, 2019

You might be wondering, “how does the Merdeka Generation apply to me when I’m not even near that age range?”

It’s true that it doesn’t but it might involve your parents.

With the help of the Merdeka package, it would reduce the financial burden on you if you are supporting your parents Observe how Singapore eases the burden of medical expenses for its citizens Witness how policies are made to get people to participate in new schemes

merdeka generation

For this year’s budget, S$6.1 billion would be set aside for the Merdeka Generation Package, most of it will go towards easing the burden of healthcare costs and medical expenses.

According to Finance Minister Heng Swee Keat, he claims that the Merdeka package will

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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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