Ulsan, First 'With Corona Support Fund' Payment... 100,000 Won Per Citizen
Ulsan City Decides on 'Daily Recovery Hope Support Fund', to be Paid for 4 Weeks Starting December 27
[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] Ulsan City has decided to provide ‘disaster relief funds’ to all citizens for the first time nationwide since the With Corona policy.
On the 17th, Ulsan City announced that it will provide ‘Daily Recovery Hope Support Funds’ to all citizens to support the stabilization of citizens’ lives and the rapid recovery of daily life amid the prolonged COVID-19 pandemic.
The ‘Daily Recovery Hope Support Funds’ will be given at 100,000 KRW per person to all citizens registered as residents in Ulsan City as of November 30.
Ulsan City plans to invest a total budget of 114.3 billion KRW by utilizing additional tax revenues such as increased ordinary local allocation tax.
The payment of the ‘Daily Recovery Hope Support Funds’ will begin on December 27 and will be distributed in stages over four weeks until January 21 of next year.
First, from December 27 to December 31, about 38,000 basic livelihood security recipients in the region will be given 100,000 KRW via direct bank deposit during the first week.
From January 3 next year, payments will start for all citizens without any specific criteria.
From January 3 to 7, a day-of-the-week system based on the last digit of the birth year will be applied to prevent COVID-19 spread and for quarantine purposes.
Afterwards, anyone can apply regardless of the day of the week.
This ‘Daily Recovery Hope Support Funds’ will be paid on an individual basis, not by household.
Recipients must bring their ID cards and visit the administrative welfare center of their respective town, township, or neighborhood. For minors, proxy applications are allowed.
The payment method consists of an 80,000 KRW prepaid card and 20,000 KRW Onnuri gift certificates, which will be issued immediately at the application site.
Ulsan City decided to provide part of the support funds as Onnuri gift certificates to revitalize traditional markets.
The prepaid card usage is restricted at large marts, department stores, and online shopping malls, but can be used at traditional markets, neighborhood marts, restaurants, hair salons, and small business establishments throughout Ulsan. Onnuri gift certificates can be used at designated affiliated stores such as traditional markets.
Hot Picks Today
"Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- "I'll Stop by Starbucks Tomorrow": People Power Chungbuk Committee and Geoje Mayoral Candidate Face Criticism for Alleged 5·18 Demeaning Remarks
- Jensen Huang: "China Will Eventually Allow Imports of U.S. AI Chips"
- "How Did an Employee Who Loved Samsung End Up Like This?"... Past Video of Samsung Electronics Union Chairman Resurfaces
The usage period is until the end of May next year, and Ulsan City hopes citizens will use the support funds quickly to stimulate the local economy.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.