S. Korea's livelihood recovery
Written : 2025-07-21 10:00:00 KST
S. Korea's livelihood recovery consumption coupon applications begin
From today, people in South Korea started applying for their livelihood recovery consumption coupons. The coupons are being provided to all Korean citizens and some 350-thousand non-Korean residents. They can generally only be spent at small local businesses and are aimed at reviving consumer spending and boosting the sluggish domestic economy. For more about the application procedures and amount provided, Park Jun-han has the details.
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From 9 AM Monday, people can apply to receive the livelihood recovery consumption coupon, the first major economic stimulus under the Lee Jae Myung administration. The Ministry of the Interior and Safety announced that the applications will be open for approximately eight weeks, from 9 AM today until 6 PM on September 12, through both online and offline channels. The coupon program provides 150-thousand Korean won, roughly 1-hundred-8 U.S. dollars, per recipient, with higher amounts for certain groups.
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The Ministry of the Interior and Safety
행정안전부
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300-thousand won will be given to low-income households and single-parent families, and 400-thousand won for recipients of the Basic Livelihood Subsidy. Residents from areas outside of Seoul, Incheon, and Gyeonggi-do Province will receive an additional 30-thousand won, while those living in one of the 84 designated rural areas at risk of depopulation will get an extra 50-thousand won. People will receive coupons the day after application and the coupons are valid until November 30. The ministry says no coupons will be issued after the September 12 deadline, and those who don't apply will not receive any benefits.
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Subsidy 보조금[장려금]
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To prevent system overload and congestion, the first week from Monday through Friday will follow a day-of-the-week system based on the last digit of the applicant's birth year: 1 or 6 on Monday, 2 or 7 on Tuesday, 3 or 8 on Wednesday, 4 or 9 on Thursday, and 5 or 0 on Friday. Weekend applications are only available through online registration. Applicants can choose to receive coupons as credit/debit cards, prepaid cards, or a community-based gift certificate which can only be used at registered merchants in the applicant's municipality.
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municipality (시·읍 등의) 지방 자치제
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Coupons can only be used at small businesses with annual sales of 3 billion won or less. They are not valid at large marts, corporate supermarkets, department stores, duty-free shops, online malls, delivery apps, entertainment, gambling, or cash-equivalent businesses. Foreign residents who fall under certain categories can also receive the coupons. The eligible groups are permanent residents, marriage migrants, recognized refugees those who are listed on a resident registration document that includes at least one Korean citizen, and those who were formerly on a Korean family registry document.
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eligible 자격이 있는
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To be eligible, they must be enrolled in the national health insurance system, either as a subscriber, dependent or recipient. The government says the livelihood coupon should stimulate consumption and boost the local economy. Another, smaller coupon will be distributed later this year. Park Jun-han, Arirang News.
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subscriber 이용자[가입자]
dependent 부양가족, 식구
recipient 수납자
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