Hong Kong extends newborn cash support scheme by three years
Edited By WION Video Desk
Published: Sep 18, 2026, 24:50 IST | Updated: Sep 18, 2026, 24:50 IST
In his 2026 Policy Address, Hong Kong Chief Executive John Lee announced 11 major measures to combat the city's falling birth rates. The government has extended the HK$20,000 (US$2,550) newborn cash bonus scheme through October 2029 while increasing the payout to HK$30,000 for second and subsequent children. The pronatalist package also features child tax allowance increases to HK$160,000, stamp duty reductions on home purchases, priority public housing allocation, and expanded IVF treatment quotas.
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