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Prime Minister Lee Hsien Loong yesterday said the Government will do its part to reduce the anxieties and burdens of parenthood for Singaporeans.
In his Chinese New Year message, PM Lee announced that Singapore's Total Fertility Rate (TFR) increased slightly in 2011 to 1.20 from 1.15 in 2010.
"But I do not think we have reversed the long-term downward trend," he said.
Addressing the steady drop in TFR from 1.60 in 2000 to 1.2 in 2011, he said the Government intends to go beyond financial incentive.
It will create a supportive social climate and attitudes that will encourage couples to have more children.
He said: "One important intangible factor that influences couples is their confidence in the future of the country and of the next generation.
"Parents want the peace of mind that their children will grow up in a safe and stable environment. They want to be sure that their children will inherit a better Singapore than the one they themselves knew.
Pointing out that the Dragon Year is historically a year in which some Chinese families prefer having children, he said: "I fervently hope that this year will be a big Dragon year for babies."
He stressed that it is critical to preserve a Singapore core in our society.
"We do not want to rely more and more heavily on immigration, nor do we want to see our population shrinking year by year".
The Straits Times reported that the TFR rate is still way below the replacement level of 2.1 despite government measures to encourage couples to have more children.
The TFR for Chinese Singaporeans is lower, falling from 1.43 to 1.08 over the same period.
Mr Lee also stressed the importance of family ties this year as turbulence is expected because of the predicted slow growth.
He said, "We will do more to help Singaporeans help themselves, and create more opportunities for Singaporeans to succeed.
"But the Government cannot and should not do everything. Our families remain the first line of support. They can help where Government cannot, due to the ties of kinship and love.
"That is why Government will always help to nurture strong families in Singapore.
In closing, he urged all to look to the larger Singapore family, and for Chinese Singaporeans to include friends of other races, ethnic groups, new immigrants and the less fortunate in their celebrations.