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Supermarkets and telcos stand to gain from Solidarity payment to Singaporeans

Samantha Chiew
Samantha Chiew • 2 min read
Supermarkets and telcos stand to gain from Solidarity payment to Singaporeans
What will Singaporeans spend with their one-off $600 Solidarity payout?
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SINGAPORE (Apr 7): In the latest Solidarity Budget, finance minister Heng Swee Keat announced a one-off Solidarity payment of $600 will be given to all Singaporeans in April to help tide through the ‘circuit breaker’ period, which has commenced today and is expected to end on May 4.

Heng said the additional payments will cost the government an additional $1.1 billion.

The ‘circuit breaker’ involves only the opening of essential services such as food establishments, wet markets and supermarkets, clinics, hospitals, utilities, transport and key banking services. Singaporeans are encouraged to stay at home as much as possible, and to avoid socialising beyond immediate family members during this period.

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