SINGAPORE - NTUC FairPrice Foundation is giving $1 million worth of food vouchers to 20,000 low-income families and individuals.
They will receive the vouchers through all 87 Citizens Consultative Committees and selected welfare organisations.
The donation was presented to Deputy Prime Minister and Minister for
Finance Mr Tharman Shanmugaratnam at a National Day dinner celebration
organised by Taman Jurong Constituency for its residents today.
Mr Shanmugaratnam is also the advisor to Jurong GRC Grassroots Organisations.
Pointing out that low-income families are especially vulnerable to
inflation, Mr Ng Ser Miang, Chairman for NTUC FairPrice Foundation and
NTUC FairPrice hopes that the FairPrice Foundation's efforts will help
these families defray the cost of daily essential needs.
"We hope that our efforts will bring some relief to them," he said.
In a written statement to the press, FairPrice said that it has been
working with Grassroots Organizations and welfare organisations in
assisting lower income families to meet their daily needs through the
FairPrice Food Voucher scheme since 2002.
"Including the current donation, the FairPrice Food Voucher scheme
has contributed $10 million worth of FairPrice vouchers to meet over
200,000 requests from the needy for financial assistance," it wrote.
The latest consumer price index (CPI) rose to 5.3 per cent
year-on-year in June as indicated by a recent statement from the
Department of Statistics.