92.8% of Households Have Received Emergency Disaster Relief Funds... 12.71 Trillion Won Distributed
The government's emergency disaster relief fund credit and debit card recharge application began at 7 a.m. on the 11th through the websites of nine card companies. Similar to the public mask 5-day rotation system, the application follows a day-of-the-week schedule, but from the 16th, applications can be made at any time. The support amounts are 400,000 KRW for single-person households, 600,000 KRW for two-person households, 800,000 KRW for three-person households, and 1,000,000 KRW for households of four or more. The photo shows a citizen visiting a community center in Jongno-gu, Seoul, looking at the support fund information notice on that day. Photo by Kim Hyunmin kimhyun81@
View original image[Asia Economy Reporter Jo In-kyung] 93% of all households in South Korea applied for and received the government emergency disaster relief funds in response to the COVID-19 pandemic.
The Ministry of the Interior and Safety announced on the 25th that the total amount of emergency disaster relief funds paid from the 4th to the 24th was 12.7136 trillion KRW, with 20.15 million households receiving the funds.
Out of the total 21.71 million households eligible for the emergency disaster relief funds, 92.8% received the support, resulting in 89.3% of the budgeted 14.2448 trillion KRW being disbursed. On the 24th alone, 50,000 households applied for and received 33.8 billion KRW in emergency disaster relief funds.
By payment method (cumulative), 14.15 million households (65.2% of the total) applied for credit/debit card charging. The amount paid was 9.329 trillion KRW.
Next were cash recipients with 2.86 million households (13.2%) receiving 1.3009 trillion KRW, prepaid cards with 1.88 million households (8.7%) receiving 1.2474 trillion KRW, and local love gift certificates with 1.26 million households (5.8%) receiving 836.2 billion KRW.
Applications for emergency disaster relief funds via credit/debit card charging are accepted on each card company’s website and affiliated bank branches until the 5th of next month. Applications for local love gift certificates and prepaid cards through town, township, and neighborhood community centers will continue to be accepted even after that date.
Offline applications for credit/debit cards no longer follow the day-of-the-week system and can be made regardless of birth year, just like online applications.
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Whether the day-of-the-week system continues for applications for local love gift certificates and prepaid cards at community centers depends on the circumstances of each local government.
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