Ministry of the Interior and Safety Provides Emergency National Funding of 2.64 Billion KRW for Heavy Rain Damage in Jeonnam and Gyeongnam

[Image source=Yonhap News]

[Asia Economy Reporter Lim Cheol-young] The Ministry of the Interior and Safety announced on the 15th that it has urgently provided 2.64 billion KRW in special grants and disaster relief project funds to the Jeonnam and Gyeongnam regions affected by the heavy rains from the 5th to the 8th.

This support is intended for emergency restoration of damaged facilities and relief for disaster victims caused by the heavy rains, with the scale of support determined by comprehensively considering the extent of facility damage and the number of victims in each region.

The special grants, totaling 2.4 billion KRW, were allocated for emergency restoration such as removing fallen rocks from road slopes in the affected areas, with 2 billion KRW for Jeonnam and 400 million KRW for Gyeongnam. Relief project funds, totaling 240 million KRW, were provided for urgent relief expenses such as operating temporary housing facilities and renting relief equipment, with 230 million KRW for Jeonnam and 10 million KRW for Gyeongnam. Since the previous monsoon damage was concentrated in Jeonnam and Gyeongnam also suffered considerable damage, this national funding support was decided.

Minister Jeon Hae-cheol said, “We hope that the urgent national funding support for the areas affected by this heavy rain will help with rapid emergency restoration and the return to daily life for disaster victims,” adding, “Considering the financial conditions of local governments, the government will spare no support to ensure that emergency restoration and relief for disaster victims proceed without any setbacks.”

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