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Family Support in South Korea: Massive Subsidies for Newlyweds in Pusan
March 27, 2026 09:13 • UTC+5 (Ashgabat) • 37 views
Pusan has introduced major financial support for families: $200,000 for newborns, $33,200 for newlyweds, and covered honeymoon expenses. The initiative may serve as a model for other cities.
The city of Pusan, Republic of Korea, has established a record-breaking subsidy of $200,000 for newborn babies. The city administration is also providing $33,200 to couples getting married and covering their honeymoon expenses. These family financial aid measures provided by the authorities are expected to serve as a model for other cities in the region. The aim is to boost confidence in the city's future and encourage an increase in the number of young families.