9 Out of 10 Apply for High Oil Price Relief Funds... Gyeonggi Province to Begin Second Round Applications on the 18th

Gyeonggi Province announced that 566,861 people, representing 89.6% of the eligible recipients, applied for the first phase of the "High Oil Price Relief Funds," a measure implemented to stabilize the lives of residents affected by the aftermath of the Middle East war, high inflation, and high oil prices. The province will begin accepting applications and making payments for the second round starting May 18.

The first round of payments targeted basic livelihood security recipients, the near-poor, and single-parent families. Depending on income level and area of residence, recipients received varying amounts between 450,000 won and 600,000 won. The total amount paid was 305.7 billion won.

From May 18, the second round of applications will open for the bottom 70% of income earners nationwide. Applications can be submitted until July 3, and those eligible for the first round who did not apply during the initial period are also allowed to apply.

In the second round, Gyeonggi Province residents will receive 100,000 won per person. Residents of Gapyeong and Yeoncheon, which are designated as depopulation areas, will be eligible for an additional 100,000 won.

Status of First Round Recipients of High Oil Price Relief Fund in the Gyeonggi Region

Just like the previous year’s emergency livelihood recovery voucher program, recipients will be selected through an income screening process using data such as health insurance premiums, with 70% of the population to receive the funds. Residents can check their eligibility in advance by signing up for notifications via mobile apps such as Naver App, KakaoTalk, or Toss, starting from May 16.

Applications can be submitted online via card company websites, mobile apps, and local currency apps. Offline applications are also accepted at participating banks and at the local administrative welfare centers corresponding to the applicant’s address. During the first week of applications, a weekday system based on the last digit of applicants’ birth years will be in place to ease online congestion.

Approved relief funds can be used within the applicant’s registered city or county until August 31. The funds can be spent at small businesses with annual sales of 3 billion won or less. However, for gas stations and select Hanaro Marts in certain towns and townships, the funds can be used regardless of annual sales volume.

To minimize inconvenience during the application process, Gyeonggi Province will continue to operate the 120 Gyeonggi Call Center and a city-county counseling system. Additionally, the province plans to maintain a home-visit application service for residents with limited mobility, such as the elderly and people with disabilities.

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