Pohang City "100% Support for Earthquake Damage Relief"... Statement on Enforcement Decree's '80% Ratio'

[Asia Economy Yeongnam Reporting Headquarters Reporter Park Dong-wook] Pohang City and the Pohang City Council held a press conference immediately after the Special Act on Earthquake Enforcement Decree passed the Cabinet meeting on the 25th, stating, "We plan to negotiate with Gyeongbuk Province regarding the remaining 20% from the perspective of the affected residents so that they can receive 100% damage relief support."

Mayor Lee Kang-deok and City Council Chairman Jeong Hae-jong acknowledged the government's efforts in a statement that day, saying, "The payment ratio of damage relief support, which was 70% in the Special Act on Earthquake Enforcement Decree, has been adjusted to 80%, and the support limit for small business owners and SMEs has been raised from 60 million won to 100 million won, reflecting some local opinions."

They added, "From the perspective of the affected residents who have suffered painful wounds from the earthquake caused by a national project for over three years, 100% support must be provided under any circumstances," and promised, "Although it is regrettable, we will accept this government's decision and closely cooperate with Gyeongbuk Province to support the remaining 20%."

They also requested the government to promptly reflect the "special support measures for revitalizing Pohang City's economy and restoring the community, which has been stagnated due to the earthquake," as specified in the Special Act, in next year's national budget.

The mayor emphasized, "I express my gratitude to all members of the 11.15 Triggered Earthquake Citizens' Countermeasures Committee who represented the voices of the affected residents on site, and to the 520,000 citizens who supported us," adding, "We will thoroughly prepare the damage application process and do our best to ensure there are no inconveniences."

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