Taiwan has announced that it is fighting back against low population growth with a new subsidy programme to encourage families to have more children.
Taiwan’s cabinet on Thursday approved standardised cash payouts to families for each newborn and the coverage of a larger proportion of infertility treatment costs, Focus Taiwan reported.
Under the new plan, families will receive $3,320 per newborn, Taiwan News reported, with twins qualifying for a payment of nearly $7,000. The previous system included payouts that ranged from $1,300 to $2,300 per baby, depending on the mother’s employment status.
