Jeongeup-si Puts All Effort into Reviving the Shrinking Local Economy

[Asia Economy Honam Reporting Headquarters Reporter Kim Jae-gil] Jeongeup City, Jeonbuk Province, is making every effort to revive the local economy while conducting proactive quarantine measures to prevent the spread of COVID-19.

According to Jeongeup City on the 5th, the city is promoting a "Comprehensive Plan for Revitalizing the Local Economy" to revive the shrinking local economy in preparation for the prolonged COVID-19 situation.

As a major measure, the discount rate for purchasing Jeongeup Love Gift Certificates has been increased from the existing 6% to 8% during this month.

In addition, the target for the small business card fee support project has been expanded from annual sales of 120 million KRW or less to 300 million KRW or less.

Accordingly, small business owners with annual sales of 300 million KRW or less can receive support for card fees of 0.8% of card sales, up to a maximum of 500,000 KRW.

Furthermore, as part of support measures for small and medium-sized enterprises, the city is expanding financial support for SMEs directly and indirectly affected by COVID-19 and operating an integrated damage reporting center for companies and small business owners.

Thorough disinfection is being carried out at traditional markets and multi-use facilities, and a price stabilization inspection team for quasi-drugs such as masks and hand sanitizers is operating to crack down on hoarding and similar activities.

In particular, to promote consumption, city hall officials actively use Jeongeup Love Gift Certificates and Onnuri Gift Certificates every Wednesday to participate in relay shopping at traditional markets, and the number of days off for the in-house cafeteria has been increased from twice a month to once a week to encourage the use of external restaurants and revitalize local alley markets.

Mayor Yoo Jin-seop said, "The impact of COVID-19 on the local economy is much more serious than it feels," and added, "I ask citizens to unite and join forces not only in proactive quarantine blocking but also in efforts to revive the local economy."

This content was produced with the assistance of AI translation services.