Jinju City Provides 2.6 Billion KRW Support for Duty-Free Fuel Purchases... Easing Burden on Farmers

50% Support for Duty-Free Fuel Used from March to December This Year, 185 KRW per Liter for Gasoline, Diesel, and Kerosene

Jinju City Hall, Gyeongnam.

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Soon-kyung] Jinju City, Gyeongnam Province, is promoting the ‘Agricultural Duty-Free Fuel Purchase Subsidy Project’ to alleviate the production cost burden on farmers struggling due to rising international oil prices.

This support project aims to reduce the management burden on farmers, who are facing increased difficulties due to rising fuel costs, as duty-free fuel prices have risen approximately 45% compared to normal levels as of September following the Russia-Ukraine conflict at the end of February. A subsidy of 2.66411 billion KRW (30% provincial funds, 70% city funds) will be provided.

From March to December this year, a fixed amount of 185 KRW per liter will be supported for 50% of the usage of three types of duty-free fuels?gasoline, diesel, and kerosene?used over the 10 months, with a maximum support of 1,350,500 KRW per farm.

Eligible recipients are farmers or agricultural corporations residing in Jinju City who have been issued an agricultural duty-free fuel purchase card, with about 13,000 people expected to benefit.

Applications for the project can be submitted from the 24th of this month until November 25th at the local eup/myeon offices or dong administrative welfare centers of the applicant’s address.

A city official stated, “With the expected increase in the use of large agricultural machinery during the harvest season and the surge in heating demand for greenhouse farms, we urgently provide support for duty-free fuel purchase costs to help farmers in difficulty even a little.” He added, “Since the project is being implemented urgently, the promotion and application period are short. We ask for active participation from farmers to ensure no applications are missed.”

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