Livelihood Recovery Consumer Coupons Archives

S. Korea Signals Stronger Recovery as Government Pushes Regional Revitalization

SEJONG, Nov. 19 (Korea Bizwire) – South Korea’s finance minister said Wednesday that signs of an economic rebound are becoming increasingly evident, pointing to aggressive fiscal spending and more targeted policy management as key drivers. At a meeting of economy-related ministers in Sejong, Finance Minister Koo Yun-cheol said consumer spending has begun to strengthen, helped [...]

Fast Rollout of Relief Coupons Marred by Fraud and Discrimination Controversy

SEOUL, August 2 (Korea Bizwire) — South Korea’s emergency consumer coupon program, launched to revitalize local economies, achieved a 90% disbursement rate within just 11 days of rollout, but has since come under scrutiny over illegal cash conversions and human rights concerns related to the card’s design. The “Livelihood Recovery Consumer Coupons,” issued in prepaid [...]