Chungnam Province Provides 5 Million Won Cash Support to Fire-Damaged Merchants in Seocheon
Chungnam Province and Seocheon County Prepare Support Funds from Contingency Budget
Seocheon County to Disburse After Damage Confirmation
Chungnam Province will provide 5 million won per store to support the livelihood stability of merchants affected by the fire in Seocheon.
On the 29th, Chungnam Province announced that it has allocated the "Seocheon Specialized Market Large Fire Damage Small Business Livelihood Stability Support Fund" as a contingency budget after deliberation by the Disaster Safety Countermeasures Headquarters, and recently granted it to Seocheon County.
The support fund allocated as a contingency budget amounts to a total of 846 million won (with Chungnam Province and Seocheon County each bearing 50%), and 3 million won will be paid per store. Previously, 2 million won was provided to merchants affected by the Seocheon fire from the disaster relief fund, so a total of 5 million won will be supported per store.
The payment of the support fund will be carried out by Seocheon County after the affected merchants report to the county and the damage is confirmed.
Meanwhile, the Seocheon Specialized Market fire occurred at 11:08 p.m. on the 22nd and was extinguished at 7:55 a.m. the next day. The fire caused damage with 227 stores in three buildings of the Seocheon Specialized Market being destroyed.
Hot Picks Today
"Buy on Black Monday"... Japan's Nomura Forecasts 590,000 for Samsung, 4 Million for SK hynix
- "Plunged During the War, Now Surging Again"... The Real Reason Behind the 6% One-Day Silver Market Rally [Weekend Money]
- "Not Everyone Can Afford This: Inside the World of the True Top 0.1% [Luxury World]"
- "We're Now Earning 10 Million Won a Month"... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- Experts Are Already Watching Closely..."Target Stock Price 970,000 Won" Now Only the Uptrend Remains [Weekend Money]
Shin Dongheon, Director of the Chungnam Province Autonomous Safety Office, said, “Chungnam Province will continue to seek various support measures to help merchants affected by the Seocheon Specialized Market fire recover their daily lives.”
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.