CDC voucher is an excellent way to help citizen bear the brunt of higher costs on basic and essential goods and services. It's better than outright cash, which may be spent on lottery or toto or outside the country. Increasing domestic consumption promote a healthy economy. Subsidies or rebates on utilities and transport serve its objective well. Top up medisave is indeed a v wise strategy in helping young n old cope with rising medical and hospital expenses and premium. Holistic care is excellent approach.
Citizens can help themselves to cut down by looking for cheaper alternatives n spending on needs and not wants.
My personal opinion only.
Do Government Vouchers Benefit Your Life?
When dealing with inflation, one of the most frequently discussed solutions is distributing money in creative ways, and the Singapore government seems no exception. Looking at it holistically, it’s clear that the government is employing a combination of strategies.
Starting January 3, every Singaporean household is eligible for S$300 in Community Development Council (CDC) vouchers.
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