South Korea is to introduce measures to encourage young people to get married and have children, including a one-off 2 million won birth subsidy

2022-05-02 0 By

The number of university students in South Korea is expected to drop to 1.18 million by 2040, half of what it was in 2020, South Korean media reported.The government will introduce a series of measures to encourage young people to get married and have children in the second half of this year to ease the population crisis, including a one-time 2 million won (10,000 yuan) birth subsidy and an extension of paid parental leave.(Credit: Financial Union)