Lee Dowoon Spokesperson "Discussion from the Perspective of Revitalizing Domestic Demand"
"Will See if Domestic Demand Revitalization is Addressed at the Emergency Economic and Livelihood Meeting"

The Presidential Office is considering a plan to partially amend the enforcement decree of the "Act on the Prohibition of Improper Solicitation and Graft (commonly known as the Kim Young-ran Act)."


Lee Do-woon, the spokesperson, stated at a briefing on the 26th, "There was a question about whether the food expense limit stipulated in the Kim Young-ran Act could be raised from the current 30,000 won to 50,000 won, etc."


He explained, "We are not only looking at this issue but also conducting various discussions from the perspective of revitalizing domestic demand," adding, "We are considering whether to address the issue of boosting domestic demand at the next Emergency Economic and Livelihood Meeting."



Currently, under the enforcement decree of the Kim Young-ran Act, the limits are 30,000 won for food, 50,000 won for congratulatory and condolence money, 100,000 won for wreaths and floral arrangements, and 50,000 won for gifts. An exception is made for agricultural and marine product gifts, which have a limit of 100,000 won.

Presidential Office "Discussing Raising Kim Young-ran Act Food Expense Limit from 30,000 to 50,000 Won" View original image


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