South Korea to Provide Cash Aid Amid Middle East Crisis and Rising Oil Prices
The South Korean government announced plans to roll out cash assistance to the bottom 70 percent of income earners later this month. This initiative aims to alleviate financial strain caused by rising oil prices and the ongoing Middle East crisis.
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Gov't to roll out cash aid late this month amid Middle East crisis
Cash assistance for the bottom 70 percent of income earners will begin being rolled out later this month, the government announced Saturday, as part of efforts to ease the financial strain caused by rising oil prices. The aid will first reach the most vulnerable within that income bracket starting April 27 and expand to the broader eligible group May 18. Approximately 32.5 million people are eligible for the aid, with payments ranging from 100,000 won ($67.30) to 600,000 won per person, dependin
By The Korea Herald
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