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Published 11 days ago

South Korea will establish ministry to address low birth rate, Yoon says

  • Yoon Suk Yeol proposes a new ministry for South Korea's low birthrate, aiming to counter the impending demographic crisis.
  • Despite costly efforts to boost birth rates, South Korea faced a record low in births last year, with significant challenges due to the country's low birth rates.
  • South Korea's fertility rate dropped to 0.72 in 2023, well below the replacement rate, leading to concerns about a drastic population decline by 2100.
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