South Korea: 100,000 pounds for parents for the birth of five children

South Korea: 100,000 pounds for parents for the birth of five children

South Korea A couple has received 170 million won (£95,757) in aid after having five children together, which is welcome news for a country with one of the world’s lowest unemployment rates. Birth rate is struggling with the problem of

On September 20, three sons and two daughters were born to a couple from Gyeonggi province, Kim Joon-young and Sagong Hye-ran.

According to the newspaper ‘Straits Times’, for the first time in the history of the country, these were five children born naturally. Previously, five children were born in 1987 and 2021, but their birth was made possible through medical fertilization.

According to Korea Jong Aung Daily, 31-year-old father Kim Joon-young said that before birth he lovingly named his children ‘Pangpang Rangers’, taken from the popular children’s TV show Power Rangers.

South Korean President Yoon Seok-yul congratulated the couple calling the children ‘Power Rangers’ and praised the medical staff for the birth of five children, a rare occurrence in the country. The President sent the couple gifts including baby clothes in five colors red, orange, yellow, green and blue and natural sea grass. Seaweed is considered beneficial for postpartum recovery.

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The babies were born by caesarean section last Friday at St. Mary’s Hospital.

The East Asian nation of South Korea is grappling with a rapidly declining birth rate and various programs have been launched to promote child birth. In 2022 the birth rate fell to an all-time low of 0.78, well below the world’s youngest and oldest replacement rates.

President Yoon Seok-yul has declared the declining birth rate as a ‘national emergency’ and announced the establishment of a ‘Ministry of Planning to deal with the problem of low birth rate’.

The city of Dongduchen, where the family lives, will give them 1.5 million won in cash vouchers, which can be used at any store with annual sales of less than 1 billion won. The vouchers are part of a package to promote child birth in the city, which provides 1 million won for the first child, 1.5 million for the second, 2.5 million for the third, and 5 million for the fourth and subsequent children. Assistance is provided.

The parents of the above-mentioned five children will also be given 35 lakh won for post-maternity care.

In addition, they will be given a one-time ‘first meeting voucher’ of 1.4 million won and a special monthly allowance for parents, totaling 1.5 million won. A monthly allowance of four crore 75 lakh won will also be given for children. All these amounts will be paid from time to time.

South Korea’s population crisis has been blamed on a number of factors, but rising costs and declining living standards are believed to be the main causes.


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2024-09-28 21:07:29

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