Summary
Singapore has revamped its Baby Bonus scheme, first introduced in 2001, in an effort to combat record-low birth rates and fertility, which dropped to 0.87 per woman in 2025. The new "SG Child Support Package" offers expanded childcare leave, financial aid, and housing support, totaling nearly S$70,000 per child by age 17, though experts remain cautiously optimistic about its long-term impact.