Singapore Government Boosts Family Support With S$7 Billion Initiative

English , International - بین الاقوامی , Snippets , / Thursday, January 1st, 2026

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Singapore’s government has unveiled a major expansion of support for families and early childhood development in its 2026 financial year budget, announcing new investments and policy enhancements aimed at strengthening marriage and parenthood.
The Ministry in the Prime Minister’s Office has earmarked S$7 billion for marriage and parenthood initiatives—up significantly from previous allocations—reflecting a strategic effort to address declining fertility and encourage family formation across the city-state.
Minister Indranee Rajah told lawmakers that the increased funding will enhance parental leave, childcare support, and related services, while reinforcing long-term investments in education and housing to support young families and couples. She emphasized that while decisions on marriage and having children are deeply personal, government incentives are designed to ease financial pressures and create a more supportive environment.
In other social policy developments, Singapore has also extended its part-time re-employment grant for senior workers, encouraging employers to retain and hire older workers beyond traditional retirement age, as part of broader efforts to adapt to an ageing workforce.
Meanwhile, local reports indicate that Singapore posted stronger-than-expected economic growth of around 4.8 percent in 2025, signaling resilience amid global economic uncertainty.
The government is also preparing key events and infrastructure plans for 2026, including hosting the Singapore Airshow with an expanded Space Summit, positioning itself as a hub for aerospace and innovation.
Taken together, these developments underscore Singapore’s continued focus on social support, economic resilience, and strategic global engagement as the country enters 2026.