Singapore offers families financial support as birth rate hits record low
Singapore is dramatically expanding financial support for families, offering the equivalent of around £40,000 (S$70,000) for every child as the country confronts a record-low birth rate. Prime Minister Lawrence Wong announced the measures as part of what he described as a “fundamental shift” in how the government supports parents and children. The assistance will be provided from birth through age 17 rather than as a single payment.
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