Boseong-gun Opens Applications for Farmers and Fishermen Public Interest Allowance... Accepting from the 20th
Payment of 600,000 KRW Annually in Local Currency for First and Second Half of the Year
[Asia Economy Honam Reporting Headquarters Reporter Park Yong-chul] Boseong-gun, Jeollanam-do announced on the 16th that it will accept applications for the public interest allowance for farmers and fishermen at the town and township offices of their registered addresses from the 20th of this month until the 21st of next month.
The eligible recipients are farming and fishing households whose comprehensive income excluding agriculture and fisheries is less than 37 million KRW, and who have registered as agricultural and fishery management entities in Boseong-gun with an address before December 31, 2018. The payment amount is 600,000 KRW per year, planned to be paid in two installments annually (May and October) in Boseong Love Gift Certificates.
Boseong-gun plans to pay the public interest allowance for farmers and fishermen using local currency (Boseong Love Gift Certificates) to prevent capital outflow and to support local self-employed businesses and small merchants, expecting to revitalize the local economy through a virtuous economic cycle within the region.
A Boseong-gun official said, “As this is the first step of the public interest allowance recognizing the public value of agriculture, we will put all our efforts into promoting the project using various promotional media such as distributing leaflets and posters.”
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The public interest allowance for farmers and fishermen is a project implemented to compensate for the public value of agriculture, fisheries, and rural areas and to support sustainable rural development.
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