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Singapore Announces S$2 Billion Package to Increase Population

Singapore will increase spending on population-growth measures by 25 percent, rolling out incentives ranging from government-paid time off for adoption and paternity leave to funding for fertility treatments.

An annual budget of S$2 billion ($1.6 billion) will be set aside for measures including state-funded childcare leave, healthcare costs and financial support for housing to married couples, the government said in a statement today. That’s an increase from S$1.6 billion in the last package in 2008, it said.