Iksan City to Pay 12 Billion Won in Direct Subsidies to 15,358 Recipients

Reducing the Financial Burden on Farmers

Iksan City in North Jeolla Province will pay a total of 12 billion KRW in 2024 municipal direct payment subsidies to 15,358 farmers by the 24th.

According to the city on the 20th, the area covered by this year's municipal direct payment is about 16,410 hectares, and the payment rate is 733,000 KRW per hectare, which is an increase of 7,000 KRW compared to last year.

Exterior view of Iksan City Hall.

The municipal direct payment is provided from the city's own budget to preserve the shape and function of farmland, protect the local agricultural base, and support farm household income.

The recipients are farmers who received the basic public benefit direct payment last year, have their address in Iksan City, and cultivate farmland within the province. The payment is made for farmland between 0.1 hectares and up to 5 hectares per recipient.

A city official stated, "The municipal direct payment will help reduce the management costs for farmers and is expected to contribute to improving agricultural productivity," adding, "We will do our best to support the income stability of farmers and ensure stable farming operations."

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