😱😱 Life is really getting tougher on the ground. The government increased the GST by 1% and the noodle hawker at my workplace increased his noodle’s price by 10%, from $5 to $5.50. He said every ingredient increased by 1% so he needs to charge 10% more! Most of the Budget 2024 measures have no impact on a lot of us as we are not eligible for the support. The government’s policies also seem to prioritize channeling money into CPF rather than directly to the people. It is so sad that this budget does not ease high inflation pressure.
Budget 2024: Can $400 Ease Your Living Costs?
A Cost-of-Living Special Payment will be provided to eligible Singaporeans in September 2024, ranging between $200 and $400 in cash.
A survey conducted by Milieu Insight revealed that 62% of the 1,002 respondents felt that the government's latest budget measures were insufficient to help them cope with the rising cost of living.
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