Seoul to give out $685 to newlyweds to boost rebounding birthrate (KoreaTimes/10 Feb 2025)

The Korea Times reports that Seoul will provide 1 million won ($685) to newlywed couples who register their marriage in the city this year, aiming to sustain the recent rebound in birth rates. The policy targets couples earning below 150% of the median income, with potential expansion to 180%. Officials attribute the birth rate increase to post-pandemic marriages and existing family support programs. The subsidy is set for distribution as early as October.