Gimhae to Provide Livelihood Recovery Support Fund to All Citizens ... 100,000 Won Per Person

Applications Open from September 17 to October 30

Gimhae City in Gyeongnam Province will provide the 'Gimhae Citizens' Livelihood Recovery Support Fund,' delivering 100,000 won per person to all residents.

On September 14, Mayor Youngdoo Jung personally announced the plan to distribute the support fund to Gimhae citizens at the city hall press center.

Youngdoo Jung, Mayor of Gimhae City in Gyeongnam Province, is announcing the plan to provide the 'Gimhae Citizen Livelihood Recovery Support Fund.'
[Photo by Gimhae City]

Mayor Jung stated, "With citizens continuing to bear the burden of living costs due to high inflation, high interest rates, and rising oil prices, their capacity for consumption has decreased. This has resulted in ongoing difficulties felt by traditional markets, local commercial districts, and small business owners. To ease residents' living expenses and to stimulate local consumption, thereby creating a virtuous cycle for the local economy through increased sales for small business owners, we have decided to provide this support fund."

Those eligible for the payout are residents registered in Gimhae City as of August 19—the date the 'Gimhae Citizens' Livelihood Support Ordinance' was promulgated. Eligibility includes married immigrants, permanent residents, recognized refugees, and children born during the application period.

The application period runs from 9:00 a.m. on September 17 until 6:00 p.m. on October 30. Applications can be submitted online or in person at any township, town, or neighborhood administrative welfare center.

If applying online, recipients will receive the mobile Gimhae Sarang Gift Voucher; if applying in person at an administrative welfare center, they will receive a prepaid card.

The support fund can be used at small business shops in Gimhae with annual sales of 3 billion won or less, as well as affiliated stores that accept the Gimhae Sarang Gift Voucher. However, usage is restricted at some businesses, such as large retail chains.

All received support funds must be used by November 30.

'Kimhae Citizen Livelihood Recovery Support Fund' Payment Guide Poster. [Image provided by Kimhae City]

In addition to distributing the support fund, the city will separately expand the issuance of local gift certificates to a record-high scale of 142.5 billion won by the end of the year. This includes 100 million won worth of Gimhae On Mall vouchers and 300 million won for Meokkaebi in September, as well as 17 billion won worth of Gimhae Sarang Gift Vouchers.

The city will also run programs offering 5% cashback to customers who use "Good Price Shops," and a special Chuseok promotion will provide up to 30% refunds in Onnuri Gift Certificates for purchases of agricultural, marine, and livestock products at traditional markets.

The city expects that, excluding incidental expenses, more than 53.7 billion won of spending could be channeled in a short period into Gimhae's neighborhood commercial districts and small business shops if the support fund is used locally.

Mayor Jung commented, "I hope this consumption will be spread evenly, not concentrated in a particular region or sector, so that it benefits traditional markets, local shopping streets, and neighborhood shops across Gimhae."

He continued, "I hope that the Livelihood Recovery Support Fund will be a real help to citizens and practical support for our small business owners. I respectfully ask citizens to actively use our region's various small business shops—including traditional markets, commercial districts, and neighborhood stores—so that local spending can help reinvigorate the Gimhae economy."

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