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6.1 This brings me to the measures we will take to offset the GST increase. We will put in place a comprehensive set of measures for Singaporeans, with more for the lower-income. The majority of Singaporeans will get offsets that are equal to at least five years of the increase in their expenditures as a result of the higher GST. Lower-income households will get much more than five years’ worth. This GST Offset Package will cost the Government $4 billion in total over the five-year period.
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