May countries are handing out cash payouts but Singapore probably gavethe highest on a per capita basis. But unlike USA (ahem), we are drawing from accumulated reserves. Not debt!
Surprisingly US dollar is strengthening right now when it's real long term value is going to negatively impacted by devaluation. 2 Trillion dollars has been added as debt... but that's a separate topic.
This summary below is for Singaporean households with SOLIDARITY BUDGET factored in. Hope it helps and do share to friends!
1) Cash payout to ALL Singaporeans aged 21 and aboveApril 2020 cash payout
From the latest update from the Solidarity Budget, the cash payout will now be S$600.
You will receive to your bank account as soon as 14 April 2020 or by cheque from 30 April 2020.
June 2020 cash payout
A) Parents: You will receive S$300 if you have at least one child aged 20 years and below
B) Enhanced care and support cash:
...
