Gyeonggi residents paid 100,000 won each… Discussing ‘4th subsidy’

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From the 1st of next month, Gyeonggi Province has decided to give 100,000 won to all residents. Starting with Gyeonggi-do, the ruling party of the government is expected to accelerate the discussion on the 4th disaster support payment.

This is Jeong-Hyun Jeong.

Gyeonggi Governor Lee Jae-myeong, who went through a 10-day meditation period due to disagreement with the Democratic Party, announced the second basic disaster income payment to Gyeonggi-do citizens as originally planned.

Even taking into account the quarantine situation, the time before the Lunar New Year holidays is the right time to unwind, that is, Golden Time.

[이재명/경기도지사 : 지금 적절한 대응을 하지 못해서 경제가 손쓸 수 없을 만큼 망가진다면 우리는 또다시 후회할 수밖에 없을 겁니다.]

Accordingly, 100,000 won per person will be paid to all 13.99 million people addressed in Gyeonggi-do from the 1st of next month.

Online application starts on the 1st of the following month and on-site application starts on March 1st.

The Democratic Party’s leadership, who said that additional disaster assistance payments were premature, also officially announced that it could compensate for the damages of small business owners and self-employed people.

President Moon Jae-in also said that the 4th subsidy was premature, but before the re-election in April, there was a growing concern that the loss of self-employed people could not be ignored.

However, whether it is selection or universal, how much will you give if you give it, the core content is still in the fog.

As for the financial resources, a plan for raising the VAT rate has been discussed, but there is a strong trend that it is difficult to increase tax before the election.

It is expected that the loss compensation system will be refined without applying retroactively after urgently clearing the 4th disaster compensation.


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