NDR 2026: Every Singaporean child to get nearly S$70,000 in direct financial support from birth to age 17
This includes a S$62,000 package, as well as some existing measures
Every Singaporean child will receive nearly S$70,000 in direct financial support from birth until they turn 17, as Prime Minister Lawrence Wong announced during the National Day Rally on August 23, 2026. This new SG Child Support Package aims to simplify and strengthen existing measures by providing up to S$62,000 through a new package that replaces several current schemes.
The package includes a S$10,000 Baby Gift, distributed in two tranches within 12 months of a child's birth, S$32,000 in Child Credits disbursed annually from the child's first birthday to their 16th birthday, an initial S$5,000 Child Development Account First Step Grant, and up to S$5,000 in government co-matching of the Child Development Account.
Additionally, the government will provide a S$10,000 top-up to the Post-Secondary Education Account in the year the child turns 17. This comprehensive support will benefit more than 610,000 children across 380,000 households in Singapore.
Written by urgent.news from The Business Times - Singapore's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
