Parents to get $3,000 in Child Development Account of babies born from March 24 in Singapore

new-born-baby001news65sfd6fssf15arents of babies born from Thursday (March 24) onwards will get $3,000 upfront into their child’s Child Development Account (CDA) under the new First Step Grant.
Envisioning a Singapore that is a “great place to raise a family”, Finance Minister Heng Swee Keat kicked off the social portion of his Budget speech in Parliament on Thursday (March 24) by announcing measures about caring for the young.