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Gyeonggi to Offer Universal Basic Income to Cope with Virus Fallout

Gyeonggi to Offer Universal Basic Income to Cope with Virus Fallout

SEOUL, March 24 (Korea Bizwire) — Gyeonggi Province, which surrounds Seoul, announced Tuesday it will pay 100,000 won (US$79.85) per person to all its residents in April to cope with the economic impact of the coronavirus outbreak. Gyeonggi will be the first local government in South Korea to provide universal “anti-disaster basic income,” while a [...]