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Country allocates £40,000 per newborn
Singapore is currently addressing its demographic crisis by expanding support for families to increase birth rates. The country announced a new package that offers every eligible Singaporean child benefits worth up to approximately 70,000 Singapore dollars (nearly £40,000), spread out over several stages from birth until the age of 17. The package includes a childbirth grant of $10,000, along with assistance and credits distributed throughout the years of growth, as well as support for education and child care, enhanced parental leave, and housing benefits. These measures come in response to declining fertility rates, which dropped to a record low of 0.87 children per woman in 2025, and a decrease in births to less than 30,000—a situation that threatens the future of the labor market and the economy, especially with the aging population increasing to 20% of the total population. The government expects the new system to be implemented starting April 2027, aiming to stimulate families to have more children through comprehensive financial support and extensive facilitation.
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