Gyeongju City Provides 500,000 Won Consolation Payment per 'Confirmed Case Visit Store'... First Payment by Gyeongbuk Basic Local Government

For Small Business Owners Who Did Not Receive Government Support... Over 100 Businesses in Gyeongju Area Publicly Listed

[Asia Economy Yeongnam Reporting Headquarters Reporter Park Dong-wook] Gyeongju City, Gyeongbuk Province, announced on the 31st that it will provide 500,000 KRW per store to small business owners who did not receive government support despite damages caused by visits from confirmed COVID-19 cases.

Previously, up to 3 million KRW was provided entirely from national funds as COVID-19 disaster relief funds until November last year for stores visited by confirmed cases, but Gyeongju City explained that the number of stores that did not receive support due to depletion of national funds has increased.

This support fund is from the disaster management fund and is a budget independently allocated by Gyeongju City. Among the 23 cities and counties in Gyeongbuk Province, Gyeongju City is the first local government to allocate its own budget for support.

It is estimated that about 100 stores in the Gyeongju area had their business names disclosed due to temporary closure orders.

Yeo Byeong-won, head of the Economic Policy Division, said, "Although the amount is small, we hope it will be of some help to local small business owners who are experiencing severe management difficulties due to the image of being stores visited by confirmed cases."

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