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Singapore will pay citizens to have a baby during the pandemic
CNN Business ^ | October 6, 2020 | By Rob Picheta

Posted on 10/06/2020 12:09:42 PM PDT by Oldeconomybuyer

Singapore will offer a one-time payment to aspiring parents during the coronavirus pandemic.

The country's deputy prime minister said the incentive would help reassure people who face financial pressure and are worried about their jobs. "We have received feedback that Covid-19 has caused some aspiring parents to postpone their parenthood plans," Heng Swee Keat told lawmakers on Monday.

"This is fully understandable, especially when they face uncertainty with their income," he added.

Heng said the payment would help parents with expenses, but he did not confirm how much would be paid out.

Despite a largely successful public health response to the pandemic, Singapore's economy has been thrown into a deep recession.

GDP likely shrank 12.6% in the second quarter compared to the same time the previous year, marking "the steepest drop on record," according to economists.

Singapore has one of the lowest birth rates in the world, a statistic that successive governments have attempted unsuccessfully to reverse. The fertility rate now stands at just 1.14 births per woman, according to its national statistics body.

That places it level with Hong Kong, according to the World Bank. Only South Korea and the US territory of Puerto Rico have lower rates.

(Excerpt) Read more at cnn.com ...


TOPICS: Culture/Society; Foreign Affairs; News/Current Events
KEYWORDS: chatforum; covid; localnews; singapore; virus

1 posted on 10/06/2020 12:09:42 PM PDT by Oldeconomybuyer
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To: Army Air Corps

Ping


2 posted on 10/06/2020 12:11:46 PM PDT by KC_Lion
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To: Oldeconomybuyer

Just make the cable porn channels run for free, that should help.


3 posted on 10/06/2020 12:14:39 PM PDT by SES1066 (2020, VOTE your principles, VOTE your history, VOTE FOR ALL AMERICANS, VOTE colorblind!)
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To: SES1066

That would probably have the opposite effect.


4 posted on 10/06/2020 12:16:43 PM PDT by nickcarraway
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To: Oldeconomybuyer

Singapore tried this years ago, when they realized their birth rate had fallen behind that of larger neighbors like Indonesia. It didn’t work then.


5 posted on 10/06/2020 12:18:48 PM PDT by Berosus (I wish I had as much faith in God as liberals have in government.)
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To: Oldeconomybuyer

This pandemic has been great for my sexlife, no dates just rose wine and bed. Had a gal I was trying to go from 1st to 2nd base, she got up, I thought the game was over but she was rounding third and started to take her clothes off.


6 posted on 10/06/2020 12:21:09 PM PDT by Jolla
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To: Jolla

>> ... but she was rounding third and starting to take her clothes off...

Sounds like the play by play of an inside-the-park home run.


7 posted on 10/06/2020 12:24:48 PM PDT by Pearls Before Swine
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To: Pearls Before Swine

Sounds like the play by play of an inside-the-park home run

It was a grand slam


8 posted on 10/06/2020 12:28:03 PM PDT by Jolla
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To: Oldeconomybuyer

Power failures work wonders


9 posted on 10/06/2020 12:35:36 PM PDT by Long Jon No Silver
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To: Oldeconomybuyer

They’ll need a time machine. The pandemic is over. They should have started making a baby 12 months ago.


10 posted on 10/06/2020 1:13:57 PM PDT by backwoods-engineer (But what do I know? I'm just a backwoods engineer.)
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To: Oldeconomybuyer

I can help...


11 posted on 10/06/2020 2:26:54 PM PDT by Vendome (I've Gotta Be Me https://youtu.be/wH-pk2vZG2M)
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