Gyeonggi Province to Provide Economic Relief for Bottom 70% of Households
News Context
At a glance
- Gyeonggi-do will begin accepting applications for the High Oil Price Damage Support Fund on May 18, 2026.
- According to reporting from Suwon Internet News, the provincial government is implementing this measure to reduce the economic burden on residents that has been intensified by high inflation...
- The support fund is specifically targeted at households that fall within the bottom 70 percent of income.
Gyeonggi-do will begin accepting applications for the High Oil Price Damage Support Fund
on May 18, 2026.
According to reporting from Suwon Internet News, the provincial government is implementing this measure to reduce the economic burden on residents that has been intensified by high inflation and rising fuel costs.
The support fund is specifically targeted at households that fall within the bottom 70 percent of income.
Eligible individuals will receive 100,000 won per person as part of the assistance program.
The application process is scheduled to open at 9:00 AM on May 18, 2026.