'Uljin-gun with 17% Financial Independence, Provides 100,000 Won Disaster Basic Income to Over 48,000 Residents'

Applications Accepted from the 14th to October 14th

[Asia Economy Yeongnam Reporting Headquarters, Reporter Park Dong-wook] Uljin-gun, Gyeongbuk Province, will provide disaster basic income of 100,000 KRW per person to approximately 48,000 residents to revitalize the local economy amid the prolonged COVID-19 pandemic.

According to Uljin-gun on the 11th, the eligible recipients are residents who have continuously maintained their resident registration in Uljin-gun as of midnight on July 31 of this year until the application date. These residents can apply in person at the local town or township office from the 14th to October 14, and receive the total amount for their household via the Uljin Sarang Card.

The Uljin Sarang Card is a local currency introduced to stimulate the regional economy. It can be used within Uljin-gun until the end of the year. Usage is restricted at certain establishments such as entertainment bars and gambling businesses.

Earlier, Uljin-gun enacted an ordinance related to the disaster basic income payment in June and secured 5 billion KRW of county funds through supplementary budget adjustments, preparing support measures for all residents regardless of property or income criteria.

County Governor Jeon Chan-geol stated, "I hope the disaster basic income support will provide some comfort to residents struggling due to the prolonged COVID-19 situation, and that the stagnant local economy will regain vitality."

Meanwhile, Uljin-gun, with a population of 48,776 (based on the Ministry of the Interior and Safety resident registration population status as of the end of August 2020), has a fiscal independence rate of only about 17%, less than one-third of the national average (55.1%).

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