New Population Policy Unveiled: Monthly NT$5,000 Growth Allowance for Children Up to Age 18
NQ Score
3/100
N1 Content Completeness
4
AI Summary (NQ-processed)
To address its declining birth rate, the Taiwanese government is set to launch a 'New Population Strategy for Taiwan.' A key measure is a monthly NT$5,000 growth allowance for individuals from birth to age 18. For children aged 7-18, half the allowance will be saved in a 'Children's Future Account,' providing a fund of approximately NT$360,000 for education or entrepreneurship upon turning 18. The policy, part of a broader 18-point family support plan, is expected to be implemented next year with an annual budget of around NT$200 billion.