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US and Spain: Government Initiatives to Boost Children's Financial Futures
In a move to address economic inequality, the US government is launching a program to provide $1,000 investment accounts for every child born between 2025 and 2029. This initiative, announced by Donald Trump, mirrors a similar program in Spain, where the government is providing €2,400 in annual aid. The US accounts will be managed by guardians, and additional private contributions are allowed. "The idea is to give new generations a solid financial foundation," explains Daniel Villares, a financial expert. The Spanish program, while different in its approach, aims to achieve a similar goal of reducing inequality. Both programs highlight the growing global focus on supporting families and ensuring a better financial future for children.
4 days ago
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United States
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finance