”21.4 million won birth support for third child” - Regions that have increased subsidies by 33% (Korea)

Cheongdo County, North Gyeongsang Province, South Korea, has announced that it will pay 21.4 million won (approximately 2.33 million yen) to families who give birth to a third child, an increase of about 33% from the previous amount.
On the 2nd, Cheongdo County announced that starting from the 1st of this month, it had increased childbirth support payments by an average of 33.5% to 21.4 million won.
Due to the revision of the ordinance, from the 1st, the tax will be 5.6 million won (about 610,000 yen) for the birth of a first child and 14.8 million won for the birth of a second child.
The amount to be paid will be 3.7 million won (approx. 400,000 yen), 13.4 million won (approx. 1.46 million yen), and 15.4 million won (approx. 2.33 million yen) for the first child and onwards.
The subsidy will be paid in the form of a lump sum of 2 million won (about 22,000 yen) for the first child, and will be paid out in monthly instalments over a 36-month period.
The first child will receive a lump sum of 4 million won (approx. 430,000 yen) and a monthly subsidy of 300,000 won (approx. 32,700 yen).
The lump sum payment for children is 7 million won (approximately 760,000 yen) and the monthly subsidy is 400,000 won (approximately 43,600 yen).
If you meet the following requirements, such as having a resident registration in Cheongdo-gun, one of your parents living in Cheongdo-gun, and submitting your birth registration to Cheongdo-gun, you can apply.
In case of moving in, children under 36 months of age as of the moving-in date and either parent must be current on the application date.
Those who are currently registered as residents and live in Cheongdo-gun are eligible to receive the subsidy. Cheongdo-gun said, "We have revised the ordinance to reduce the economic burden on families who give birth and to foster a healthy childbirth culture."
" he said.