SENSE & CENTS
Will S$70,000 per child entice couples to have kids? Worries over a dystopian future must be overcome
Confidence matters when couples decide whether to have children
MEASURES to support parenthood took centre stage at this year’s National Day Rally (NDR).
Every Singaporean child will receive almost S$70,000 in direct financial support as they grow up.
In perspective, a sum of S$70,000 is over 12 times the median gross monthly income from employment (including employer/platform operator CPF contributions) of full-time employed residents of S$5,775 in 2025.