Personal Finance
COVID-19 Recovery Grant Guide (2021): Additional Support for Singaporean/PR Employees and Self-Employed Persons
By Seedly  •  December 16, 2020
On Wednesday (16 Dec 2020), the Ministry of Social and Family Development (MSF) announced the launch of a new grant to support low and middle-income Singapore Citizens (SCs) and Permanent Residents (PRs). Dubbed the COVID-19 Recovery Grant, this grant will support workers who have experienced involuntary job loss, involuntary no-pay leave (NPL) or income loss due to the economic impact of COVID-19. Under this grant, eligible SCs and PRs who are older than 21 years of age can receive up to S$700 a month for three months. P.S. The COVID-19 Recovery Grant is a new scheme that is separate from the current COVID-19 Support Grant or the Self-Employed Person Income Relief Scheme (SIRS).  Also, the application window for the COVID-19 Support Grant and SIRS will close by 31 Dec 2020 and end 2020 respectively. Applications for the COVID-19 Recovery Grant will be open from 9am to 10pm daily (inclusive of weekends...
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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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