S. Korea to Review Policy of Giving Free Child Care, Bahk Says
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South Korea will review its policy of providing free child care for children under two years old because of the fiscal burden on local governments.
“The Finance Ministry will talk to local governments and experts, and I promise we will come up with a solution to ease the burden on municipalities while still benefiting everyone,” Finance Minister Bahk Jae Wan told reporters today in Seoul. “The free child care system needs to be financially sustainable.”