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, “Members of the Planning and Finance Committee and the Health and Welfare Committee of the Democratic Party of Korea have proposed bills containing the so-called ‘basic income at birth,’ which entails the government saving 100,000 won each month until the age of 18.”,
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, ‘Members of the Democratic Party’s Planning and Finance Committee and Health and Welfare Committee stated, “There is no separate solution between parties to address low birth rates, the solution lies in finances,” and revealed that they have proposed bills such as the ‘Our Child Independence Fund Act,’ which requires the country and guardians to each contribute 100,000 won monthly until the child reaches adulthood to operate a fund.’,
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, ‘They explained, “Although the fund cannot be used until the age of 18, young people can receive assistance during the youth stage when they need funds for education, starting a business, or marriage, and also receive tax benefits.”‘,
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, ‘They also stated, “We will expand the eligibility criteria for child benefits to those under 18 and double the payment to 200,000 won, extending government support until adolescence,” and added, “If the amendment is passed, it is expected that the burden of raising children during the school-age years will be alleviated.”‘,
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, ‘However, regarding the fact that the National Assembly has rejected all standing committees and the composition has not yet been finalized, they said, “We will prepare for immediate discussions once the National Assembly is established, and as the issue of low birth rates is a top priority, we will review and discuss the government’s plans in the future.”‘,
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