Anseong City Completes Preparations for 'High Oil Price Damage Support Fund'... All-Out Efforts to Minimize Citizen Inconvenience

Full-Scale Response to Middle East-Induced Crisis...
Procedures Begin for Support Payments of Up to 550,000 Won


Task Force Under Deputy Mayor Launched, Expanded In-Person Service Counters...
Rapid Response System Established

Anseong City in Gyeonggi Province announced that it has completed preparations to distribute the “High Oil Price Damage Support Fund,” a government initiative designed to address the external economic crisis caused by high oil prices, a strong exchange rate, and soaring inflation resulting from the Middle East conflict.

Anseong City Ready to Distribute Compensation for High Oil Prices, Zero Inconvenience for Citizens. Provided by Anseong City

The city has proactively established a local government response system to ensure that the government’s policy is quickly and tangibly felt in the community. It also plans to focus administrative resources on enhancing the convenience of the application process for citizens.

The support fund will be distributed differentially according to each household’s economic situation. First, 550,000 won will be provided to approximately 9,500 recipients of the Basic Livelihood Security Program, who are eligible for the first application round. In addition, about 1,500 recipients in the next-lowest income bracket and single-parent families will receive 450,000 won each.

Furthermore, an estimated 130,000 individuals in the bottom 70% income bracket, who are eligible for the second application round, will each receive 100,000 won. This approach aims to broadly alleviate the burden of inflation caused by rising oil prices.

To expedite the payment of the support fund, the city has formed a dedicated “High Oil Price Damage Support Fund Task Force.” With this rapid local response, Anseong aims to minimize the time required from application to payment and to proactively eliminate any administrative inconvenience for citizens.

Additionally, for seniors with mobility challenges and citizens who are not familiar with digital devices, the city will assign dedicated counters and guidance staff at local community service centers in towns and villages to support on-site applications.

Online applications will be available through the websites and mobile apps of credit card companies, and some commercial banks will also offer on-site application services.

The support fund application process will be split into two rounds according to household circumstances. The first application period will run from April 27 to May 8, and the second from May 18 to July 3. To prevent congestion and system overload during the first week of application, a “day-of-the-week system” based on the last digit of applicants’ birth years will be implemented.

Citizens can apply for the support fund using various methods, including credit cards, debit cards, prepaid cards, and local currency. At the dedicated counters in community centers, applications can be made using prepaid cards or local currency (Anseong Sarang Card).

An official from Anseong City stated, “We hope that this support fund will be delivered swiftly to citizens enduring a difficult period due to external shocks from the Middle East, serving as a substantial source of support. We will focus all our administrative efforts to ensure that every citizen receives the benefit without any inconvenience, and will do our utmost to ensure a seamless on-site response.”

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