Government Emergency Disaster Relief Fund Approaches 13 Trillion Won... 95% of Eligible Households Receive Payment

[Asia Economy Reporter Jo In-kyung] As the total amount of emergency disaster relief funds provided to all citizens due to the COVID-19 pandemic approaches 13 trillion won, about 95% of all eligible households have completed receiving the funds.

The Ministry of the Interior and Safety announced on the 26th that the total amount of emergency disaster relief funds disbursed from the 4th to the 25th was 12.964 trillion won, with 20.56 million households having received the funds.

Out of the total emergency disaster relief budget of 14.2448 trillion won, 91.0% has been paid out, and among the total 21.71 million eligible households, 94.7% have received the support.

On the previous day, the 25th, 410,000 households applied for and received emergency disaster relief funds amounting to 250.4 billion won.

By payment method (cumulative), 14.3 million households (65.9% of the total) received funds via credit or debit card charging. The amount paid was 9.42 trillion won. This was followed by cash payments to 2.86 million households (13.2%) totaling 1.301 trillion won, prepaid cards to 2.05 million households (9.4%) totaling 1.3524 trillion won, and local love gift certificates to 1.35 million households (6.2%) totaling 890.6 billion won.

Applications for emergency disaster relief funds via credit or debit card charging will be 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 and debit cards are no longer subject to day-of-the-week restrictions and can be made regardless of birth year, just like online applications.

Whether day-of-the-week restrictions continue for applications for local love gift certificates and prepaid cards at community centers will be decided according to the circumstances of each local government.

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