Chuseok Subsidy Up to KRW 500,000 Per Person... What About Our Area?

Where is handing out Chuseok subsidies?

Next week is already the Chuseok holiday.

Ahead of Chuseok, some local governments have begun distributing livelihood support funds to local residents.

Let's take a look at where they are.

First, Hampyeong County in South Jeolla Province and Uiryeong County in South Gyeongsang Province decided to pay KRW 500,000 per person.

Tongyeong City in South Gyeongsang Province will provide KRW 350,000, while Goheung County and Jangheung County in South Jeolla Province, and Yeongdong County in North Chungcheong Province, will pay KRW 300,000 per person.

Most of the subsidies are paid in the form of local love gift certificates or prepaid cards, which can be used at small business stores and traditional markets in the respective regions.

However, there is also a debate over the effectiveness of providing such subsidies.

While some welcome the move, saying it can ease the burden on local residents and boost consumption, others point out that its mid- to long-term economic stimulus effect is limited since it amounts to a one-off consumption boost.

(Photo courtesy of Hampyeong County Office)
※ Please note: This article was translated by AI and may contain errors.