The move is part of unprecedented measures to arrest its declining birth rate.
The programme is scheduled to start in fiscal year 2025, with no household income ceiling for qualification, media reports said.
The aim is to make it easier for families to have more babies and reduce the burden of their children's educational expenses.
The government will incorporate the initiative into a package called the Children's Future Strategy Policy.
It is expected to be decided at a Cabinet meeting by the end of December, The Asahi Shimbun newspaper reported.
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Esta historia es de la edición December 09, 2023 de The Straits Times.
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