Politics · South Korea · 20 hrs ago

Dangjin council approves ordinance for 300,000-won resident payments

Dangjin council approves ordinance for 300,000-won resident payments

Dangjin City Council approved an ordinance for a one-time economic recovery payment to residents of Dangjin, South Korea.

The plan would give about 174,000 people 300,000 won each in local currency, including eligible foreign residents.

A similar proposal failed in an August council vote, but the revised ordinance sets out conditions for payments, such as economic hardship or a loss of local business activity.

It also requires the city to explain its reasons and assess the payment’s effects afterward.

Dangjin plans to request 530 billion won in next year’s budget and aims to distribute the money before Lunar New Year.

The budget still needs council approval, and some members question whether the money should instead go to other priorities, including road construction.

2 sources

Related

What people are saying

Jeon Yeong-okDangjin City Council industrial construction committee chair
지급 계획을 예산 편성 전 시의회에 보고하고, 지급 후에는 전문기관 성과·평가를 거쳐 그 결과를 시의회에 제출 공개하도록 수정의결했다
via MoneyToday
지금 당진에 국도 32호선 우회도로 건설도 그렇고 써야 할 돈이 많은데 미래를 위해 투자해야지, 30만원 지급은 선심성 공약
via MoneyToday
Kim Yeon-kyungDangjin City Council member
선심성 정책은 반대해 기권했다
via MoneyToday