Singapore is paying parents $55,000 to have babies; here's why

In a groundbreaking move, Singapore is launching a substantial financial support package designed for families with children. Targeted at reversing the alarming trend of declining birth rates, the government will provide up to S$70,000 per child until they reach seventeen. This initiative replaces previous schemes, providing consistent financial relief to parents, thereby encouraging family growth in the nation.

By TOI Lifestyle Desk