Opposition party leader proposes ‘Birth Basic Income’ to address S. Korea’s birth rate crisis

Opposition party leader proposes ‘Birth Basic Income’ to address S. Korea’s birth rate crisis

Lee Jae-myung, the leader of the Democratic Party, is speaking at the 2024 New Year’s press conference held in the National Assembly, Yeouido, Seoul, on the morning of Jan. 31, 2024. /Kim Ji-ho Lee Jae-myung, the leader of the Democratic Party has proposed providing basic income to every newborn in South Korea as a means to tackle the country’s low birth rate crisis. He has also emphasized that winning the general election is the last chance to save the nation.

Lee proposed a ‘birth basic income’ as a new policy to help combat low birth rates during the New Year’s […]

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