Singapore to boost births during pandemic with cash bonus | Inquirer News
Close  

Singapore looks to boost births during pandemic with cash bonus

/ 05:18 PM October 07, 2020
20201007 Singapore boosts births

The Singapore government will announce the amount of its new one-off payment for parents-to-be at a later date, the Deputy Prime Minister said. Image: IStock/zorazhuang via AFP Relaxnews.

Imagine being paid a cash bonus for having a baby. That is exactly what the Singapore government plans to do in a bid to boost the birth rate in the city-state. The COVID-19 pandemic has accentuated the country’s falling fertility rate, which has been on a downward trend for years. But while some Asian countries have seen birth rates fall, others are getting ready for a baby boom.

Lockdown has not necessarily led to a baby boom. In Singapore, the fertility rate has stalled. The city-state has one of the world’s lowest birth rates, which the government has been struggling to raise for years. The situation has not been helped by the COVID-19 pandemic. In fact, the global public health crisis has led certain would-be parents to put off having children due to the stress caused by the economic crisis and job losses.

ADVERTISEMENT

Financial incentives for nuclear families

In a bid to reverse the trend, the Singapore government is set to introduce a new one-off payment to encourage people to have babies during the current COVID-19 pandemic. The amount of financial aid being offered has yet to be announced.

FEATURED STORIES

Singapore already has a baby bonus scheme the “Child Development Co-Savings Scheme” in place to help boost its flagging birth rate, offering married women up to S$10,000 (around $7,300 or P356,000) to cover their expenses.

The government has also introduced a “Child Development Account”, into which S$3,000 (approx. $2,200 or P106,000) is paid directly, only to be used for the child’s education or healthcare costs. The government has also pledged to match every dollar paid into the account by parents.

However, these benefits are not universally available. Applicants must be married, as well as a Singapore citizen having given birth after March 23, 2016.

The city-state’s birth rate hit its lowest level in eight years in 2018, at an average 1.14 births per woman. Fertility is also on a downward trend in China, which saw its lowest birth rate in 70 years despite a relaxing of the controversial one-child policy.

It is a different story in the Philippines, however, where the pandemic has led to an uptick in unintended pregnancies, which could reach 2.6 million according to estimates from the United Nations Population Fund. CC

RELATED STORIES: 

Japan and its birth rate: The beginning of the end or just a new beginning?

‘Love leave’: China school offers unique kind of leave to single, childless teachers

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.
Read Next
Don't miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: birth rates, COVID-19 pandemic, Fertility, Singapore
For feedback, complaints, or inquiries, contact us.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and
acknowledge that I have read the Privacy Policy.



© Copyright 1997-2022 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.