Suncheon-si Provides Temporary Emergency Living Support Fund for Low-Income Households
Alleviating Livelihood Burdens and Enhancing Consumption Capacity
[Suncheon=Asia Economy Honam Reporting Headquarters Reporter Lee Hyung-kwon] Suncheon City, Jeollanam-do announced on the 23rd that it will provide temporary emergency living support funds for low-income households starting from the 27th.
This initiative was promoted to alleviate the living expenses burden and increase consumption capacity for low-income households who feel a relatively greater burden due to the rapid rise in prices.
The total project cost is approximately 4.5 billion KRW, targeting about 10,502 households as of the 29th of last month, including basic livelihood security recipients, legally designated near-poverty groups, and single-parent families receiving child-rearing support.
The support funds will be provided in varying amounts via rechargeable prepaid cards according to eligibility and household size.
Recipients of livelihood and medical benefits will receive between 400,000 KRW and 1,450,000 KRW (1,000,000 KRW for a four-person household), while recipients of housing and education benefits and near-poverty households will receive between 300,000 KRW and 1,090,000 KRW (750,000 KRW for a four-person household). For recipients in welfare facilities, 200,000 KRW per individual will be paid directly to the respective welfare facility.
Eligible recipients must visit their local administrative welfare center with identification from the 27th until the 29th of next month to receive the prepaid card, and all support funds must be used by December of this year.
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A Suncheon City official stated, “We expect that this temporary emergency living support fund for low-income households will not only provide some relief to vulnerable groups struggling with the rapid price increases but also contribute to revitalizing the stagnant local economy.”
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