In the Era of High Inflation, Let's Overcome Together! ... Gyeongnam Province to Provide Emergency Living Support Funds up to 1.45 Million Won
Support in August, Must Be Used by the End of the Year
[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Seryeong] Gyeongsangnam-do will provide a second round of temporary emergency living support funds to 10,000 low-income households starting in August.
Gyeongnam Province recently announced that it has been distributing the funds since the 24th of last month to alleviate the livelihood burden of low-income groups due to rapid price increases and to enhance their consumption capacity.
The first round of support was delivered to 130,000 households, achieving a payment rate of 96%, which is higher than the national average payment rate of 93%.
The province emphasized that the second round of support will target newly designated recipients and those omitted from the July payment list.
Temporary Emergency Living Support Fund Eligibility and Support Amounts by Household Size for Low-Income Groups.
View original imageThe eligible recipients include basic livelihood security beneficiaries such as those receiving livelihood, medical, housing, and education benefits, legally designated near-poor groups, and single-parent families receiving child-rearing allowances.
Depending on eligibility and household size, support ranges from a minimum of 300,000 KRW to a maximum of 1,450,000 KRW, and all funds must be used by December 31.
For detailed information on payment dates and restricted usage sectors for the temporary emergency living support funds for low-income groups, inquiries can be made at the administrative welfare centers of the resident’s city, county, town, township, or neighborhood.
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Lee Jongha, Director of Welfare Policy Division, said, “We hope this support will help vulnerable groups during this high inflation period when their lives are more difficult than ever, and also contribute to revitalizing the local economy. We will mobilize administrative efforts to ensure no low-income households are left out and develop various welfare policies to build a more robust social safety net.”
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