S. Korea begins cash handouts to all citizens

S. Korea begins cash handouts to all citizens

An applicant receives a card for a cash handout, called a "consumption coupon," from the government in Seoul's Songpa Ward on July 21, 2025. As part of a government initiative aimed at stimulating domestic consumption, all South Korean citizens residing in the country as of June 18 will receive a one-time payment of 150,000 won, with additional targeted assistance to be provided based on income levels. (Yonhap)

(END)

(C) Yonhap News Agency. All Rights Reserved