21 May 2006

Russia offers cash incentive for more babies.

The Seattle Times

Cash for babies is the Kremlin's offer to women in its latest bid to reverse a population decline that threatens to leave large swaths of Russia virtually uninhabited within 50 years.

President Vladimir Putin this month defined the crisis as Russia's most acute problem, and promised to spend some of the country's oil profits on efforts to relieve it. He ordered parliament to more than double monthly child-support payments to 1,500 rubles (about $55) and added that women who choose to have a second baby will receive 250,000 rubles ($9,200), a staggering sum in a country where average monthly incomes hover close to $330.

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