Singapore has unveiled a new package of measures aimed at encouraging larger families amid persistently low birth rates. A key feature is the $10,000 Large Family MediSave Grant for every third and subsequent child born from Feb 18. Around 5,000 children are expected to benefit annually.
Additional support includes annual LifeSG credits and increased preschool subsidies to help offset child-raising costs. The measures build on existing schemes such as the Baby Bonus and parental leave provisions. The government hopes the enhanced support will ease financial concerns and encourage couples who desire larger families to have more children.
