Incheon City Emergency Disaster Relief Fund 806.7 Billion Won... Payments to Vulnerable Groups Start from the 4th

General Citizens Payment Starting May 13

Prime Minister Chung Sye-kyun, who attended the National Assembly Budget Committee plenary session on the 28th to review the second supplementary budget bill for the emergency disaster relief fund payment, is giving a proposal explanation. Photo by Yoon Dong-joo doso7@

[Asia Economy Reporter Park Hyesook] Following the passage of the second supplementary budget bill worth 12.2 trillion won for the payment of COVID-19 emergency disaster relief funds at the National Assembly plenary session on the 30th, Incheon City announced that it will promptly distribute emergency disaster relief funds totaling 806.7 billion won (including 694.5 billion won in national funds) to 1.24 million households throughout May.

The support amount varies by household size: 400,000 won for single-person households, 600,000 won for two-person households, 800,000 won for three-person households, and 1,000,000 won for households of four or more.

The city plans to start payments on May 4 for approximately 109,000 households of basic livelihood security recipients and lower-income groups who were pre-approved by the city, as well as about 100,000 households of priority recipients selected by the government, including disability pension recipients and basic pension beneficiaries.

The remaining 1,031,000 households, excluding these groups, will receive payments starting May 13 via credit card, Incheon e-eum card recharge, or local gift certificates.

Detailed information can be found on the Incheon City website starting from the 1st. Additionally, from the 4th, individuals can check how much they will receive by accessing the Ministry of the Interior and Safety’s emergency disaster relief fund inquiry site.

Incheon City is currently implementing support measures worth a total of 406.6 billion won (excluding emergency disaster relief funds) as announced in the economic support plan in March. With the national government agreeing to cover the resources for the top 30% income earners, the city plans to use its financial capacity for vulnerable groups, small business support, and consumption stimulation.

Furthermore, additional support measures, including support for small and medium-sized enterprises maintaining employment, small business support and consumption stimulation plans, and various burden relief measures, will be announced in early May.

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