Lawmaker floats cash lottery for newborns as baby bonus scheme extension set to cost HK$2.3bn

Lawmaker floats cash lottery for newborns as baby bonus scheme extension set to cost HK$2.3bn

The Hong Kong government’s plan to extend a baby bonus scheme for another three years in a bid to boost fertility and assist young families amid record-low births will cost some HK$2.3 billion, according to official estimates.