Distribution of COVID-19 relief funds begins

Submitted by socpro on Tue, 07/14/2020 - 17:59
measures summary

The government started handing out cash to citizens Monday in order to cushion the economic blow of the novel coronavirus pandemic. The government plans to provide 1 million won to households with four or more members, 800,000 won to three-person households, 600,000 won to two-person households and 400,000 won to single-person households. Some 2.8 million households that belong to vulnerable groups, such as beneficiaries of national basic livelihood security and disability pensions, started receiving funds first. Roughly 21.71 million households will receive emergency disaster relief through the universal program at a cost of 14.3 trillion won ($11.66 billion).

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