SINGAPORE – More than $72 million has been redeemed by Singaporean households by way of Community Development Council (CDC) vouchers within the three months for the reason that scheme was launched.
Unveiling this determine at a discussion board on Monday (March 28), Minister of State for Trade and Industry Low Yen Ling famous that about 1.12 million households have claimed their $100 CDC vouchers up to now.
The $130 million scheme was rolled out on Dec 13 final yr to defray day by day bills and help heartland retailers and hawkers hit by the Covid-19 pandemic.
Ms Low, talking on the Lianhe Zaobao Singapore Budget 2022 Business Forum, which was held on the Capitol Theatre in Stamford Road, added that greater than 15,000 hawkers and retailers are on the scheme.
She famous how an extra spherical of $100 vouchers will likely be distributed to Singaporean households later this yr, as introduced by Finance Minister Lawrence Wong at Budget 2022.
Mr Wong will likely be kicking off the subsequent spherical of the $130 million scheme in May, Ms Low added.
CDC vouchers had been launched in June 2020 to assist as much as 400,000 lower-income households.
These vouchers, that are claimed digitally, may be redeemed at collaborating retailers displaying the CDC Voucher decal.
Usage entails clicking on the hyperlink to pick the quantity for use and displaying the QR code to the service provider, who will then scan it utilizing a RedeemSG Merchant app.
Members of the general public can test which companies settle for the vouchers by way of an interactive map on the CDC Vouchers Merchants Go Where website.
The post More than $72m redeemed by Singapore households under CDC voucher scheme first appeared on Umorr.
