@herqles_esTranslated from Spanish
🇸🇬 | Singapore will pay up to 50,000 euros per child to combat the demographic winter and preserve ethnic balance.
The measure aims to tackle the collapse of the birth rate in the city-state and prevent the historical proportion among its three major population groups from breaking down: the majority of Chinese origin (75%), Malay (15%), and Indian (9%).
The problem lies in the fact that the local Chinese community has the fewest children, which is causing rapid aging and threatening to upset the weight of each ethnicity in the country. With these subsidies, the Government intends for local families from all communities to have more children and thus avoid having to resort to massive external immigration to sustain the population.
The plan combines direct cash transfers, tax deductions, childcare assistance, and educational savings accounts, with the goal of easing the high cost of living and ensuring the country's social continuity.
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