Government offers perks to reverse population dip

Hungary’s government is increasing financial aid and subsidies for families with several children, Prime Minister Viktor Orban said in a speech Sunday.

The measures are meant to encourage women to have more children and reverse Hungary’s population decline.

The benefits include a lifetime personal income-tax exemption for women who give birth to and raise at least four children; a subsidy of $8,825 toward the purchase a seven-seat vehicle for families with three or more children; and a low-interest loan of $35,300 for women younger than 40 who are marrying for the first time.