South Korea Offers Financial Incentives for Dating and Marriage Amid Record Low Birth Rate

As South Korea grapples with the world’s lowest birth rate, the Saha District in Busan has launched a new program offering financial incentives for dating and marriage.

The initiative aims to address the nation’s shrinking population, which has reached a historic low of 0.72 children per woman.

The program provides residents with up to $38,000 for dating and marriage. This financial support is intended to make family life more affordable and encourage young people to form lasting relationships.

In addition to financial incentives, the program includes a range of social events designed to bring together like-minded individuals and foster connections. These events provide opportunities for people to meet and socialize in a relaxed and enjoyable setting.

The initiative is part of South Korea’s broader efforts to tackle the demographic crisis and boost the population by encouraging young people to marry and start families.

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