SG Budget 2025: Which Part is the Best?

Singapore has announced its fiscal budget for 2025, covering a wide range of areas aimed at improving the lives of citizens. Key measures include:

Living Subsidies: S$800 in CDC Vouchers to help households manage daily expenses.
SG60 Vouchers: Usable at various merchants.
Childbirth Incentives: A S$5,000 bonus for each third child to encourage larger families.
Education Support: Reduced tuition fees to make education more affordable.
Employment and Job Support: Planned wage adjustments that will take effect in 2025, with higher increments over the next two years.
Business Subsidies: Financial support for companies to foster economic growth.

Which Benefit Stands Out the Most?

I don’t own a business, and I don’t have children, so some of the budget measures don’t apply to me directly. However, the SG60 Vouchers are the most beneficial for my situation. As someone between 21 and 59 years old, I will receive S$600 in SG60 Vouchers, which can be spent at many places, including supermarkets and other essential outlets.

This direct financial support helps with daily necessities, easing the impact of rising costs. Unlike business grants or family incentives, which cater to specific groups, the SG60 Vouchers provide immediate, flexible relief for a broad range of Singaporeans, including those like me who do not have businesses or children.

Of course, everyone’s priorities are different. Some might find wage increases more valuable, while some may appreciate childbirth incentives.

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