Mayor Kim Kyung-il: "Will Serve as a Catalyst for Local Economic Vitality... Promoting 'All-In on Livelihood' Policy"
Paju City Completes Distribution of Livelihood Recovery Living Stability Support Fund
Distribution Rate Reaches 94%... 40.3 Billion KRW Disbursed as of March
Paju City, Gyeonggi Province (Mayor Kim Kyung-il) announced on the 19th that the distribution of the ‘Livelihood Recovery Living Stability Support Fund (hereinafter referred to as the Support Fund)’ aimed at stabilizing people’s lives and revitalizing the local economy was completed on the 14th.
On January 2, Mayor Kim Kyung-il of Paju City announced the plan to distribute the Support Fund during the New Year report, and after the Paju City Council reviewed and approved the supplementary budget on January 7, a total project cost of 52 billion KRW was confirmed. Korean nationals received 100,000 KRW per person in local currency (Paju Pay) from January 21 to February 28, while foreigners (marriage immigrants, permanent residents) received the same amount from March 4 to 14.
As a result of active promotion and prompt administrative procedures, payments were completed for 483,884 people (payment rate of 94.14%). As of March 17, the amount used was 40.3 billion KRW (84%), indicating that a large sum was spent in the local area within a short period.
According to the ‘Support Fund Satisfaction Survey’ conducted from the 4th to the 14th, 92% of the 2,277 respondents expressed satisfaction. The reasons for satisfaction with the payment were ranked as follows: assistance to households (34%), contribution to revitalizing the local economy (31%), fostering a sense of belonging among Paju citizens (15%), and quick payment and convenient usage/payment (13%).
A citizen who received the Support Fund said, “I was able to prepare for the holiday season because I received the support fund before the Lunar New Year peak,” and a small business owner said, “Through this Support Fund distribution, sales increased, and I feel pride and great happiness as a citizen of Paju.”
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Mayor Kim Kyung-il of Paju City said, “We appreciate the interest and support for the Paju City Livelihood Recovery Living Stability Support Fund, and we hope this fund has been of some help to citizens experiencing economic difficulties,” adding, “We will continue to focus solely on citizens for ‘Livelihood All-in (All人)’ and promote practical livelihood recovery policies that citizens can feel.”
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