Singapore Offers Over $55,000 Per Child in Major Push to Reverse Record-Low Birth Rate

Brief by Shorts91 Newsdesk / 06:49pm on 24 Aug 2026,Monday International

Singapore has announced a major family support package offering nearly S$70,000, or over $55,000, in direct assistance for every Singaporean child up to age 17. The move comes as the country’s fertility rate fell to a record low of 0.87. The package includes child credits, grants, childcare subsidies, parental leave and housing support, along with a S$10,000 baby gift. Prime Minister Lawrence Wong said the government wants to make it easier for Singaporeans to start and raise families. The government is expected to spend nearly S$7 billion on family and parenthood initiatives this financial year. (PC: X)

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