At a press conference on 29 Jul 2026, Second Minister for Finance Jeffrey Siow and Senior Minister of State for Trade and Industry Low Yen Ling announced a second support package of around $900 million to help Singaporeans and businesses manage cost pressures due to the continuing situation in the Middle East.
This builds upon the first support package in Apr 2026. Taken together, both packages amount to around $2 billion, on top of the support measures announced at Budget 2026.
Watch or
read the transcript of the press conference.
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[New] $300 CDC Vouchers for each Singaporean household in Jan 2027
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This brings the total amount of CDC Vouchers disbursed in FY2026 to $800
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The $300 CDC Vouchers are allocated equally for spending at participating heartland merchants and hawkers ($150) and supermarkets ($150)
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Disbursement of the CDC Vouchers will be announced at a later date
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[Enhanced] Up to $190 of additional U-Save in Oct 2026 and Jan 2027
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Taken together with Budget 2026 rebates, eligible HDB households will receive $110 to $190 in U-Save per quarter, double the regular GSTV – U-Save amount
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The additional U-Save is projected to fully offset higher utilities bills in FY2026 for Singaporean households living in a 4-room HDB or smaller flat
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U-Save is automatically credited to eligible households’ utilities accounts with SP Services, no application is needed
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[Enhanced] ComCare Interim Assistance
for lower-income Singaporean households from Aug to Dec 2026
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ComCare Interim Assistance provides financial assistance for households who may be facing temporary financial difficulties
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Households eligible for the ComCare Interim Assistance can receive at least $250 per month for up to 3 months
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Households with greater needs will receive higher payouts from the ComCare Interim Assistance
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Income eligibility criteria for ComCare Interim Assistance will be applied more flexibly to support more households facing temporary financial difficulties
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Households facing financial difficulties may apply for ComCare Interim Assistance even if their income is above the current threshold of $800/month per capita household income
Previously announced in Apr:
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$500 CDC Vouchers brought forward to Jun 2026
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To help with daily expenses for each Singaporean household
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The $500 CDC Vouchers are allocated equally for spending at participating heartland merchants and hawkers ($250) and supermarkets ($250)
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$400 to $600 Cost-of-Living Special Payment in Sep 2026
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$200 cash relief for eligible platform workers, private hire car drivers and taxi drivers from Apr 2026
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[Enhanced] Enterprise Financing Scheme (EFS) for local enterprises from Sep 2026 to Mar 2027
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EFS enables Singapore enterprises to access financing more readily across all stages of growth
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The EFS enhancement will increase access to financing for local firms amidst cost pressures
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EFS – SME Working Capital Loan supports SMEs’ operational cashflow needs. Government risk-share for EFS – SME Working Capital loan will be increased from 50% to 70%
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EFS – Project Loan currently finances secured overseas projects. Government risk-share for EFS – Project Loan will be increased from 50% to 70%, and coverage will be expanded to domestic projects for local construction firms
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[New] SME Cash Grant 2026 in Nov 2026
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Active SMEs with at least one local employee will receive a one-off cash grant of $500 per local employee, capped at $2,500 per SME
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Eligible sole proprietorships, partnerships and limited liability partnerships with least one local business owner but no local employees will receive a flat payout of $500
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No application is needed
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[New] Rental support for stalls in market and hawker centres managed by Government and Government-appointed operators from Sep 2026 to Feb 2027
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Eligible cooked food stallholders will receive $1,200 in rental support
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Eligible market stallholders will receive $600 in rental support
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The rental support will be disbursed over six months
Previously announced in Apr:
Infographics
Support For Singaporeans
(Revised 29 Jul 2026)
Summary of Second Support Package For Singaporean Households and Businesses
(Announced 29 Jul 2026)
Summary of Second Support Package For Singaporean Households
(Announced 29 Jul 2026)
Summary of Second Support Package For Businesses
(Announced 29 Jul 2026)
Useful links
Previously announced in Apr: