A lot of couples have planned and made babies during the lockdown(s) imposed to stop the spread of coronavirus but at your expenses except for Singapore. Yes, In Singapore, If you end up having a baby in that country in times of today, the government will offer a one-time payment to aspiring parents.
Singapore has launched a program in which couples will get a payout for having children during the COVID-19 pandemic due to rapidly falling fertility rates and a suffering economy.
The country's deputy prime minister Heng Swee Keat said the incentive would help reassure people who face financial pressure and are worried about their jobs.
He also told lawmakers that "We have received feedback that Covid-19 has caused some aspiring parents to postpone their parenthood plans,".and "This is fully understandable, especially when they face uncertainty with their income," he added.
Although it remains unclear how much the payout will be for having a child, the money would certainly help new parents with added expenses.
Uncertainty about income or poor economic conditions is a huge driving factor in family planning, and Singapore has been experiencing a deep recession. Singapore’s GDP shrank 12.6% in the second quarter, making it the steepest drop in the country’s recorded history.
Singapore has one of the lowest birth rates in the world, a statistic that successive governments have attempted unsuccessfully to reverse. Currently, Singapore’s fertility rate stands at just 1.14 births per woman.