cash handouts Archives | Be Korea-savvy

S. Korea to Dole Out Cash Handouts to Ordinary People Next Week

SEOUL, Aug. 30 (Korea Bizwire) — South Korea said Monday it will begin providing emergency relief funds to people in the bottom 88 percent income bracket next week in the latest move to help them cope with the fallout from the pandemic. The government will begin to provide up to 250,000 won (US$215) per recipient [...]

Gov’t to Dole Out Cash Handouts to Ordinary People Before Chuseok Holiday

SEOUL, Aug. 26 (Korea Bizwire) — Finance Minister Hong Nam-ki said Thursday the government plans to provide another round of emergency relief funds to people hit hard by the pandemic before next month’s fall harvest Chuseok holiday. The country plans to provide 11 trillion won (US$9.4 billion) to people in the bottom 88 percent income [...]