Singapore ’s total fertility rate continues to decline and is estimated to hit an all-time low of 0.97 for 2023. Various reasons given for the downward trend included the Covid-19 pandemic, financial costs , and the need to be 'excellent parents'.
A declining rate has significant social and economic impact and thwarts Singapore's plans to build a 'vibrant economy', Parliament heard.
Source: Financial Digest (financialdigest.net)
Singapore Fertility Rate Decline Covid-19 Pandemic Financial Costs Parents Social Impact Economic Impact Vibrant Economy
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