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S. Korea set to roll out 2nd batch of cash aid amid Middle East crisis

PH · · Philippine Daily Inquirer

South Korea on Monday began to receive applications for a second round of cash assistance from the bottom 70 percent of income earners in a bid to help ease financial strain from rising fuel prices amid the Middle East conflict. The government aims to provide the support to about 36 million people, with eligible individuals in the broader Seoul area receiving 100,000 won ($66.80), while those in areas with declining populations may receive up to 250,000 won. Last month, the National Assembly approved a 26.2 trillion-won extra budget bill to address the economic fallout from the Middle East conflict, which […]... Keep on reading: S. Korea set to roll out 2nd batch of cash aid amid Middle East crisis