Morning Shot: Two Not Enough - What does it take to raise a large family?

Families will receive additional support of up to $16,000 for each third and subsequent Singapore Citizen child, on top of existing Baby Bonus Scheme benefits. This was announced by Prime Minister and Finance Minister Lawrence Wong in his recent Budget 2025 speech. The move comes against a backdrop where couples with more children often worry about additional costs, because the demands grow with each additional child. But is that enough to encourage Singaporeans to have large families? On this episode of Morning Shot, Dr Tan Poh Lin, Senior Research Fellow. Institute of Policy Studies, NUS shares her insights. Presented by: Emaad Akhtar & Audrey SiekProduced by: Yeo Kai Ting ([email protected])Photo credits: Gin Tay/ST; Ministry of Finance, Joel Seah and Kristen KiongSee omnystudio.com/listener for privacy information.