"'Oesik Coupon' 20 Billion Won Budget Near Exhaustion... Government to End Program on the 12th of This Month"

Delivery Demand Surges, Budget Expected to Be Exhausted Within 3 Weeks of Operation

[Image source=Yonhap News]

[Sejong=Asia Economy Reporter Kim Hyunjung] The government’s non-face-to-face (delivery app) dining discount support project, which was carried out with a budget of about 20 billion KRW to stimulate consumption, will end on the 12th.

On the 8th, the Ministry of Agriculture, Food and Rural Affairs announced that the non-face-to-face (delivery app) dining discount support project, which resumed on September 15, will end on the 12th depending on the budget exhaustion status.

As of the 3rd, the total number of transactions made through the project over about three weeks was 6.72 million, and the amount to be refunded to consumers through credit card companies is about 13.6 billion KRW. The government expects that the allocated budget will be fully exhausted around the 12th, considering the consumption speed.

Applications for the discount support project are possible until midnight on the 10th, and transactions made until midnight on the 12th will be recognized. Existing application qualifications and transaction records will be recognized continuously when the project resumes in the future.

An official from the Ministry of Agriculture, Food and Rural Affairs said, "If the COVID-19 quarantine situation improves, we plan to expand the project to include dine-in services after consultation with quarantine authorities," adding, "We will also add transaction records using some local currencies besides existing credit cards to the support targets."

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