The government is introducing cash handouts for new parents, termed as a 'baby bonus'. New parents will get a bonus of $2,500 for having a baby. This concept has been implemented by many East Asian countries facing a population crisis.

The Baby Bonus

Singapore offers more than $8,000 to new parents for the first two children and about $9,500 for the third child. South Korea gives about $500 every month until your child turns one and Japan provides a monthly allowance of about $100 until the child turns two.

Global Comparisons

The Hong Kong baby bonus, criticized for covering just a month's rent, may not significantly boost birth rates, as research suggests.

The Shortcomings

Solving the issue requires comprehensive measures, including pro-family policies, societal attitude shifts, and financial support – France's example stands as a relevant case study.

The Solution