Jangseong Sarang Gift Certificates, 50.5 Billion Won Issued So Far... Focused on Economic Recovery

[Jangseong=Asia Economy Honam Reporting Headquarters Reporter Jo Hangyu] Since its launch in 2019, Jangseong-gun in Jeollanam-do has issued a total of 50.5 billion KRW worth of the local currency 'Jangseong Sarang Gift Certificates.'

According to the county on the 2nd, the total issuance of Jangseong Sarang Gift Certificates was 29.5 billion KRW up to last year since 2019.

This year, the issuance amount soared to 21 billion KRW in just the first half, and the county paid out 10 billion KRW of this as policy allowances such as COVID-19 disaster relief funds and public interest allowances for farmers and fishermen.

To recover the local commercial district, which had been depressed due to the prolonged infectious disease response, and to alleviate the difficulties of people's livelihoods, the county provided all residents with 100,000 KRW worth of Jangseong Sarang Gift Certificates as disaster relief funds.

The public interest allowance for farmers and fishermen was also paid early to promptly support farms facing management difficulties.

The introduction of the card-type Jangseong Sarang Gift Certificates from this year has also led to active sales of the gift certificates.

As the paper-type Jangseong Sarang Gift Certificates were all used up within 1 to 2 months after issuance, the use of card-type gift certificates naturally increased. Currently, the number of subscribers has exceeded 2,500, showing its popularity.

The number of affiliated stores accepting the gift certificates has also increased significantly. While about 1,100 businesses were registered as Jangseong Sarang Gift Certificate affiliated stores at the beginning of last year, now 1,575 businesses in the region participate, expanding the scope of gift certificate usage.

Recently, the number of gift certificate sales agencies has also expanded. In addition to the existing Nonghyup, Chukhyup, and ShinHyup, Saemaeul Geumgo has been added, allowing purchase of gift certificates at a total of 21 locations.

Yoo Doo-seok, the county governor, said, “We have actively supported livelihood stabilization and economic revitalization by paying out more than half of the total issued gift certificates, 27.5 billion KRW, as disaster relief funds and other policy allowances. We will focus on recovering the local economy centered on the issuance of Jangseong Sarang Gift Certificates in the second half of the year.”

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