South Korea is significantly expanding financial support for families, with government assistance set to reach around $56,000 per child from 2027. The new package includes bigger payments for newborns, increased monthly child allowances and a cash bonus for couples who register their marriage. The government also plans to introduce a savings scheme that could help children build up to $75,000 in assets by adulthood, with contributions matched by the state. The measures form part of a multibillion-dollar effort to tackle South Korea's persistently low birth rate by easing the financial pressure of raising children. #southkorea #birthrate #viral #money #pregnancy
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