2018/19 Budget: Newborns, expectant mothers first to benefit
28 June, 2018, 8:32 pm
NEWBORNS and expectant mothers are the first to benefit from the 2018/2019 National Budget.
Attorney General and Minister for Economy Aiyaz Sayed-Khaiyum has announced a $5million allocation for parenthood assistance payments in the country.
“We want every Fijian family to have a measure of financial security when they welcome the blessing of a new child,” he said.
“That means mothers from families who have an income below $30,000, upon the birth of a child (either the first, second or third) will be granted $1000.
“The moment the newborn is registered in the births, deaths and marriage (BDM) registry, and is issued a birth certificate, a new bank account will be opened at any participating bank in the mother’s name to receive the parenthood assistance payment.”
He said the first $500 would be available immediately to the mother.
“Those funds can go towards whatever is required for the rearing of a child. The other $500 stays in the bank where it will earn interest and can be accessed when a child enters Year One.”