Singapore’s central bank expects core inflation to surge further over coming months. Photo: AFP
Singapore’s central bank expects core inflation to surge further over coming months. Photo: AFP
Singapore

Singapore unveils US$1 billion package as cost of living rises amid inflation, Ukraine war

  • Adult Singaporeans earning below S$34,000 (US$24,500) a year will receive S$300 in cash in August, and every household will get S$100 to offset utilities
  • Meanwhile, even as Singapore last year collected higher revenue as the economy recovered, the government says it will push on with a planned GST increase from 7 to 9 per cent

Singapore’s central bank expects core inflation to surge further over coming months. Photo: AFP
Singapore’s central bank expects core inflation to surge further over coming months. Photo: AFP
READ FULL ARTICLE