Gyeonggi Province Governor Lee Jae-myung is announcing the provision of disaster relief funds to all residents of Gyeonggi Province on the 13th at the Gyeonggi Provincial Government briefing room.

Gyeonggi Province Governor Lee Jae-myung is announcing the provision of disaster relief funds to all residents of Gyeonggi Province on the 13th at the Gyeonggi Provincial Government briefing room.

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[Asia Economy (Suwon) = Reporter Lee Young-gyu] The Basic Income National Movement Headquarters (Standing Representative Kang Nam-hoon) issued a welcoming statement regarding Gyeonggi Province's 'Provision of Disaster Relief Funds to All Residents,' saying it will "play a significant role in the low-income economy."


In a statement on the 13th, the Basic Income Movement Headquarters said, "While Gyeonggi Province's 5th round of disaster relief funds has welfare aspects, its main focus is on promoting consumption and revitalizing the economy," adding, "We positively evaluate the plan to limit the funds to disappearing local currency usable in neighborhood markets, which is expected to play a significant role in the low-income economy."


They continued, "Although there are criticisms that providing disaster relief funds to the top 12% income earners is inappropriate, selective disaster relief funds create welfare blind spots and cause fairness issues."


In particular, they stated, "This disaster relief fund provision by Gyeonggi Province fulfilled the role of local governments according to the characteristics of each region," adding, "We expect other local governments to also be recognized for their diversity and raise their voices."


Earlier, Gyeonggi Province Governor Lee Jae-myung announced at an online press conference that the 5th round of disaster relief funds would be provided to all residents of Gyeonggi Province at 250,000 won per person.



The Basic Income Movement Headquarters is a civic organization launched in December last year to promote the realization of basic income and universal basic rights. It currently has 18 regional headquarters (including two in Gyeonggi Province) and over 60 local headquarters nationwide. Additionally, it has five sectoral headquarters, including those for rural areas, digital sectors, cultural artists, youth, and small and medium-sized ventures.


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

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