My giving CDC vouchers will only add to inflation. Across the whole island of Singapore, from small convenience store to big supermarkets, all of them increased the price for all items. Who don't want to earn the Gov money?
Same goes to GST.. When Gov up 1% to 8% food stalls up their food by $0.5 to $1..
Our Gov again increased GST again by 1% to 9%, food stalls again increased by 0.5 to 1%.
Have anyone seen prices drop after they increased??ππ
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, itβs 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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