Tag: cash handout

cash handout

Latest News

Government's 2025 cash handouts created 2.8 trillion won in additional sales

The Lee administration doled out 13.5 trillion won to Korean citizens last year to stimulate domestic consumption which contributed 0.12 percent to the country's overall economic growth, according to the BOK.

2026.6.10

On the first day of applications for the first round of state-funded cash handouts, residents apply at the Haenggung-dong Community Service Center in Paldal District, Suwon, Gyeonggi, on July 21. [YONHAP]

Just 13 percent of foreigners eligible for Korea's consumption coupons

Korea's consumption coupon program includes 358,000 foreign nationals, the Ministry of Interior and Safety announced Sunday.

2025.7.21

Most popular

Futility of the cash handout

the government must examine the difficulties of everyday livelihood even deeper.

2024.5.16

Democratic Party (DP) leader Lee Jae-myung, second from right, listens to the party's floor leader-elect Park Chan-dae speak during a meeting of the DP's Supreme Council on Wednesday. [YONHAP]

DP urges Yoon to consent to cash handouts, probe into Marine's death

The liberal Democratic Party (DP) on Wednesday called on President Yoon Suk Yeol to acquiesce to its plan to distribute cash handouts of 250,000 won ($180) to every person and a special counsel probe into a Marine's death.

2024.5.8

Half-baked basic income debates

Koreans returned about 28.2 billion won ($23.3 million) in relief grants — about 1 percent of the 2.8 trillion won the Moon Jae-in administration had...

2020.6.17

Tag: cash handout

cash handout

Latest News

Government's 2025 cash handouts created 2.8 trillion won in additional sales

Just 13 percent of foreigners eligible for Korea's consumption coupons

Most popular

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Futility of the cash handout

DP urges Yoon to consent to cash handouts, probe into Marine's death

Half-baked basic income debates