Gyeonggi-do Provides Emergency 1 Billion KRW Tax-Free Fuel Subsidy to Fishermen

[Asia Economy (Suwon) = Reporter Lee Young-gyu] Gyeonggi Province will urgently provide 1 billion KRW to support the purchase of duty-free fuel for fisheries to alleviate the management burden on fishermen struggling with soaring oil prices.

This project is being promoted as part of the five emergency measures under Governor Kim Dong-yeon's first approved policy, the "Comprehensive Plan for Emergency Economic Response and Livelihood Stabilization."

The support targets fishermen managing licensed fishing vessels, fish farms, and fish farm management vessels who have been issued duty-free fuel cards for fisheries within the province. Applications can be submitted to the fisheries departments of city and county offices within the province.

The support period is four months, from August 1 to November 30. Fishermen can receive support of 100 KRW per liter for diesel and 200 KRW per liter for gasoline and kerosene on the actual duty-free purchases of diesel, gasoline, kerosene, etc.

The price of duty-free gasoline for fisheries surged from 722 KRW per liter in January this year to 1,339 KRW in July, and diesel rose from 699 KRW to 1,479 KRW.

Kim Seong-gon, head of the Marine and Fisheries Division of the province, stated, "We expect that this emergency support measure will somewhat ease the burden on fishermen who are facing difficulties in management."

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