Boseong County Selected as an Outstanding Local Government for Rapid Execution of National Funds
20% Benefit on Card-Type Boseong Sarang Gift Certificates
Boseong County in South Jeolla Province announced that it will launch a year-end consumption promotion event, offering a special discount of up to 20% on the card-type Boseong Sarang Gift Certificate from November 10 to December 31.
This event is being held as an incentive for local governments recognized for their excellent performance in the rapid execution of national funds allocated for gift certificate discounts in the first half of the year. A total of 33 local governments nationwide have been selected for this program.
The special discount will be applied from November 10, the day after the 'Korea Grand Festival' ends on November 9, and will continue through the end of the year. The county plans to maintain the positive impact on local consumption throughout this period.
The benefit will be provided by adding an additional 5% cashback to the existing 10% upfront discount and the 5% cashback system implemented since September, allowing consumers to enjoy a maximum effective discount of up to 20%. The program has a total budget of 3.6 billion won and may end early if the budget is exhausted.
This measure is expected to increase sales of the card-type gift certificates, which have seen relatively low usage compared to paper-type certificates, and is anticipated to further stimulate local consumption as the benefits are provided at the time of payment.
The card-type Boseong Sarang Gift Certificate can be issued at local branches of NongHyup Bank, and users can recharge and check their transaction history through the regional gift certificate app 'CHAK'.
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Kim Cheolwoo, Mayor of Boseong County, stated, "Unlike the Korea Grand Festival, which was held for a short period, Boseong County is pleased to offer a consumption support measure that continues through the end of the year. We will continue to expand practical support that enhances the benefits felt by residents and helps local small business owners recover sales and revitalize the local economy."
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