Jinju City Announces 5th Additional Measures for Emergency Regional Economic Support

Emergency Support Fund of 1.05 Billion KRW for Livelihood Stabilization
100,000 KRW for Businesses Prohibited from Gathering for 10 Days or More, 50,000 KRW for Less Than 10 Days

Jinju City Hall Exterior View

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Soon-kyung] Jinju City, Gyeongnam Province, announced the ‘5th Regional Economic Emergency Support Additional Measures’ to provide support funds of 1 million KRW for businesses with more than 10 days of gathering ban orders and 500,000 KRW for those with less than 10 days, to help merchants struggling due to the prolonged gathering ban orders caused by the novel coronavirus infection (COVID-19).

The city has so far implemented five rounds of regional economic emergency support measures totaling 163.9 billion KRW, promoting Jinju-type customized economic support measures differentiated from government support.

For 93 bathhouses that have received gathering ban orders for more than 3 weeks, 1 million KRW per business will be provided, and the 5th Regional Economic Emergency Support Additional Measures will be promoted for small business owners in entertainment facilities in April.

From April, 1 million KRW per business will be supported for 385 entertainment businesses of five types and hold'em pubs with gathering ban orders of more than 10 days, 238 singing practice rooms, 221 indoor sports facilities of five types, and 22 live cafes.

For 362 indoor sports facilities with gathering bans of less than 10 days, 500,000 KRW will be supported. A total of 86.6 billion KRW will be invested in 866 businesses as emergency funds to serve as a strong support so that small business owners can overcome difficulties.

Applications will be accepted online (Document 24) or on-site through the relevant departments by industry from the 7th to the 18th, and inquiries about support funds can be made to the relevant department by industry or the Job Economy Division call center.

Meanwhile, the ‘Jinju City Happiness Support Fund,’ which provides 100,000 KRW per person, has been extended from the 17th of last month to the 6th.

A city official stated, “We plan to actively support small business owners facing difficulties through the prompt provision of living stabilization support funds for gathering ban industries additionally supported this time.”

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