The CDC vouchers, while good efforts from the government, are too immaterial to curb the impact of inflation over a long period of time. Seem to be an initiative to please the public and improve public perception rather than a proper financial mean.
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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