COVID-19 National Support Fund Distribution: 5.3055 Trillion KRW Over Four Days...Recipients Exceed 21.22 Million

[Image source=Yonhap News]

[Asia Economy Reporter Lim Cheol-young] The scale of applications and payments for the COVID-19 Coexistence National Support Fund, which began on the 6th, has exceeded 5 trillion won. The number of people who received the support fund also increased by 5.5 million, surpassing a cumulative total of 20 million.

According to the Ministry of the Interior and Safety on the 10th, the number of online National Support Fund recipients over the four days from the 6th to the 9th was approximately 21.222 million, far exceeding 20 million. On the fourth day of payments, the 9th, about 5.514 million people received the support fund.

The cumulative payment amount also exceeded 5 trillion won in just one day. The total support fund amount paid over the four days was 5.3055 trillion won, with an increase of 1.3786 trillion won on the 9th alone.

Among the provisional 43.26 million eligible recipients, 49.1% received the support fund. By payment method, approximately 18.999 million used credit and debit cards, while 2.224 million used local love gift certificates.

Previously, the government implemented a measure to waive issuance fees for documents required to apply for the National Support Fund to reduce the burden on citizens. Additionally, it manages the expansion status of local love gift certificate affiliated stores by local governments to enhance convenience of use. In Seoul, about 170,000 usage locations have been expanded, and Gyeonggi-do is also working on expanding usage locations.

Meanwhile, to prevent congestion, the government will lift the online application day system for the National Support Fund starting from the 11th. Offline applications will be available from the 13th, and the day system will be applied until the 17th, similar to online applications.

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