Families in Singapore, ranked as the world’s second-richest country by GDP per capita in 2025 according to The Economist, are set to receive S$500 (US$386) in credits for every child aged 12 or younger, as the government continues its effort to ease the burden of raising a family.
The Child LifeSG Credits will be issued from 14 July to families with children born between 2014 and 2025, Singapore’s Ministry of Social and Family Development said on Monday. Families with children born this year will receive the credits in April 2027.
The ministry confirmed that the funds will be credited automatically to each child’s Child Development Account trustee, meaning parents will not need to submit an application. The process is designed to remove paperwork from a system that already reaches hundreds of thousands of households.
This latest round follows a similar S$500 top-up distributed to more than 450,000 children last year, as reported by The Straits Times. Prime Minister Lawrence Wong first announced the new credits in February, during the presentation of the national budget.
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