Daegu City to Provide 100,000 Won 'Second Livelihood Fund' to All Citizens... Expected Payment by End of August

Totaling 243 Billion Won... Mayor Kwon Young-jin "Payment Before Chuseok"
Committee for Supporting Low-Income Livelihoods Establishes Support Methods and Procedures

Mayor Kwon Young-jin delivering a statement on emergency livelihood fund support on the 16th.

[Asia Economy Yeongnam Reporting Headquarters, Reporter Park Dong-wook] Daegu City announced on the 16th that it will provide a second round of emergency livelihood funds of 100,000 won each to all citizens in response to the novel coronavirus infection (COVID-19).

Daegu Mayor Kwon Young-jin said in a statement on the morning of the same day, "To support citizens who are still struggling despite the first emergency livelihood funds and the government's emergency disaster relief funds, we will provide a second round of livelihood funds to all citizens," adding, "We hope the payments will be completed before Chuseok."

The support scale amounts to 243 billion won, including 191.8 billion won from the city budget and 51.2 billion won from the national budget. Specific support methods and procedures will be determined by the COVID-19 Low-Income Livelihood Support Committee.

Unlike the first round, the expansion of the support target to all citizens is explained by Daegu City as a form of "consolation" for citizens who have endured the prolonged hardship caused by COVID-19. Since last month, the city has secured this budget by mobilizing disaster countermeasure funds, remaining local government matching funds for the government's emergency disaster relief, and through intensive structural adjustments of expenditure budgets across departments and bureaus.

Mayor Kwon Young-jin emphasized, "Although the budget situation is not abundant and the amount may not be satisfactory, if this second livelihood fund payment can serve as an opportunity for Daegu citizens to overcome the immediate difficulties and for someone to once again sow the seeds of hope, that alone holds significant meaning."

He continued, "I ask for the understanding and cooperation of citizens so that the precious Daegu community, which shares the pain together, can be maintained," and stressed, "I believe that the united strength of Daegu citizens will become a great support to turn this crisis into an opportunity."

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