Gov’t should invest in childcare to combat low birth rate: Bank

Focus Taiwan
Date: 03 January, 2020
By: Jake Chen

Central Bank President Yang Jin-long. (CNA Photo)

The Central Bank of Taiwan says that the government should invest more in childcare to minimize the economic impact of low birth rate.

In its latest report, the Central Bank cited figures from the National Development Council which predict that Taiwan’s working population will drop to less than 50% of the total population by 2065.
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