Singapore to spend $7b on marriage and parenthood initiatives in FY2026
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SINGAPORE - Nearly $7 billion will be spent on marriage and parenthood initiatives in financial year 2026, up from over $4 billion in 2020. Minister in the Prime Minister’s Office Indranee Rajah cited this figure to show how much recent policy changes to tSingapore to spend $7b on marriage and parenthood initiatives in FY2026
SINGAPORE - Nearly $7 billion will be spent on marriage and parenthood initiatives in financial year 2026, up from over $4 billion in 2020. Minister in the Prime Minister’s Office Indranee Rajah cited this figure to show how much recent policy changes to the early childhood sector and to parental leave entitlements will add up to on an annual basis. Speaking in Parliament on Feb 5, Ms Indranee said Singaporean families continued to be a top national priority, even as family formation and fertility rates fall here and around the world due to changing social norms. She noted that the $7 billion figure is over and above government subsidies in other areas such as education and housing. “The decision to marry and have children is a deeply personal one, but we know from our surveys that the majority of Singaporeans aspire to get married and have children,” she said. “This is encouraging and gives hope for the future.” In the last five years, the Government has made a series of “major shifts and bold moves” to address people’s concerns in order to make Singapore as conducive to marriage and parenthood as possible, she said. Read more