[South Korea has a 300,000 won monthly bonus for having children, and couples can apply for 3 months of parenting leave] Can the issuance of childbirth subsidies increase the fertility rate? Yonhap News Agency reported that the South Korean government finalized the "4th Basic Pla

2025/06/2214:50:36 hotcomm 1317

[South Korea has a heavy prize of 300,000 won per month for a child, and couples can apply for 3 months of parenting leave] Can the issuance of fertility subsidies increase the fertility rate? Yonhap News Agency reported that the South Korean government finalized the "4th Basic Plan for Low Fertility Rate and Aging Society" on the 15th. In order to solve the problem of low fertility, the South Korean government will provide 300,000 won (about 1,800 yuan) of childcare subsidies to families with babies aged 0 to 1 year old starting from 2022, and gradually increase them to 500,000 won in 2025. In addition, the South Korean government will also issue a one-time birth subsidy of 2 million won. The new policy also introduces the "3+3 parental leave" system, that is, both parents apply for 3 months of parental leave for children under 12 months, and each person can receive a maximum childcare allowance of 3 million won per month, in order to encourage "both husband and wife to raise their children together." Since 2006, South Korea has formulated low-birth countermeasures and introduced policies to encourage birth control, but the total fertility rate is still the last among the member countries of the Organization for Economic Cooperation and Development (OECD) and is also at the lowest level in the world. (Global Times)

[South Korea has a 300,000 won monthly bonus for having children, and couples can apply for 3 months of parenting leave] Can the issuance of childbirth subsidies increase the fertility rate? Yonhap News Agency reported that the South Korean government finalized the

Source: China News Weekly

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