ADVERTISEMENTOf 2.3 million applications submitted from June 20 to Sept. 14, 1.9 million have been accepted for the allowance scheme aimed at boosting the country’s critically low birthrate. This means 94.3 percent of all South Korean children aged up to 5 will benefit from the program, the ministry added. The average monthly income of parents eligible for the allowance scheme was 4 million won. The Welfare Ministry decided not to offer the allowance to 233 Korean children who have additional foreign citizenships and who have not lived in South Korea for more than 90 days. The same criteria was applied to young Korean children born overseas who have not spent more than 90 days in the country.

Source: Philippine Daily Inquirer September 19, 2018 09:43 UTC