Incheon City Provides Emergency Living Support Funds to 150,000 Low-Income Households... Up to 1.45 Million KRW

[Asia Economy Reporter Park Hyesook] Incheon City will provide a temporary emergency living support fund starting from the 29th, spending 64 billion KRW of national funds to alleviate the livelihood burden of low-income households caused by recent rapid inflation and to increase their consumption capacity.

The recipients include 120,000 households receiving basic livelihood security benefits, 30,000 households from legally designated near-poverty groups, and single-parent families receiving child-rearing support, totaling 150,000 households.

The support will be given once temporarily, with amounts ranging from a minimum of 300,000 KRW to a maximum of 1,450,000 KRW depending on eligibility and the number of household members.

Considering the purpose of the support, the city will provide the funds not in cash but by charging the Incheon e-eum card, which is easy to manage afterward and can revitalize the local economy. Use is restricted in certain sectors such as entertainment, leisure, gambling, and nightlife establishments, and the usage period is until December 31.

Through this project, the city expects not only to ease the financial burden on low-income households but also to enhance local consumption capacity, giving hope to small business owners and further revitalizing the local economy.

An official from Incheon City stated, "We hope this will help low-income citizens struggling with recent inflation," and added, "We will focus administrative efforts to ensure that eligible recipients receive the support funds promptly."

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