Wando-gun Maintains 10% Discount and Purchase Limit for Wando Sarang Gift Certificates
Issuance of 50 Billion This Year, Paid as Policy Allowances and Support Gift Certificates
Wando-gun, Jeollanam-do, will maintain the 10% purchase discount and purchase limit for the Wando Sarang Gift Certificate at the same level as the previous year, despite the government's reduction in the regional currency budget.
According to the county on the 26th, to stabilize the household finances of self-employed individuals and residents who are economically struggling due to soaring prices and to revitalize the local economy, it was decided to maintain the current purchase limit for the Wando Sarang Gift Certificate.
The Wando Sarang Gift Certificate, issued since July 2019, has steadily increased in sales, currently reaching 210 billion KRW, and plans to issue 50 billion KRW this year.
In particular, this year, the policy issuance amount will be increased to provide various policy allowances and subsidies through the Wando Sarang Gift Certificate. The gift certificates come in four denominations: 5,000 KRW, 10,000 KRW, 30,000 KRW, and 50,000 KRW, with a 10% purchase discount.
The purchase limit is 500,000 KRW per person per month (combined for paper, card, and mobile types) and 5 million KRW annually.
The Wando Sarang Gift Certificate usage is restricted at affiliated stores with annual sales exceeding 3 billion KRW, while policy-issued gift certificates can be used at any affiliated store.
A county official stated, "Despite difficult financial conditions, we have secured county funds to maintain the existing discount rate and purchase limit, so we hope residents will make active use of it."
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Meanwhile, the issuance of the Wando Sarang Gift Certificate contributes to revitalizing the local economy by increasing sales for small business owners and preventing the outflow of local funds.
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