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The Government will be providing one-off additional support for newborns to help aspiring parents cope with the Covid-19 pandemic.
This comes after the worry of financial uncertainty and job layoffs due to the Covid-19 pandemic, propelling some to postpone their parenthood plans.
According to Deputy Prime Minister Heng Swee Keat in a ministerial statement on Monday (Oct 5), the one-off support measure will be on top of the Baby Bonus Cash Gift, which provides eligible parents up to $10,000 in benefits.
More details about the amounts and how they will be paid will be announced at a later date, Minister Heng who is also the Coordinating Minister for Economic Policies and Minister for Finance said.
He adds that Minister in the Prime Minister’s Office Indranee Rajah will share further details soon.
In his statement, Minister Heng also pledged to continue supporting households, alongside support for businesses and workers hit hard by the Covid-19 pandemic.
He pointed out that this month, eligible households will receive more rebates on their utility bills through the goods and services tax voucher (GSTV) U-Save scheme.
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