Budget Increased by 17% Compared to Last Year
267.8 Billion KRW for 49 Child-Related Projects
New Children's Cafeteria 'Aijoayong' Draws Attention
Yongin City in Gyeonggi Province will invest a budget of 626.5 billion KRW, nearly 17% more than last year, in projects addressing low birth rates and aging population. The plan is to actively respond to the risk of population extinction through customized projects for each life cycle.
On the 11th, Yongin City announced that it will invest a total of 626.5 billion KRW in 99 projects tailored to each life cycle this year. This is a 16.9% increase from last year’s budget of 90.7 billion KRW. The city has set this year’s policy goals as ▲creating a social environment where marriage, childbirth, and parenting are happy choices ▲establishing a sustainable social foundation for generational coexistence ▲strengthening responsiveness to demographic changes, and plans to expand related projects accordingly.
First, the city allocated a budget of 267.8 billion KRW for 49 projects in the child sector. Major projects include parental allowances, first meeting vouchers, support for daycare assistant teachers, school meal subsidies, and support for middle and high school uniforms. In particular, this year, a new children’s cafeteria called 'Aijoayong' will be established to ensure children in dual-income families do not skip meals, and additional support will be provided for out-of-pocket expenses for infertility treatment.
In the elderly sector, the basic pension will be increased from 323,000 KRW to 334,000 KRW per month, and 334.2 billion KRW will be invested in 16 projects including job programs and customized care services. A convenience service project will also be carried out to repair broken fluorescent lights or faucets for low-income elderly living alone.
In the youth sector, 23.3 billion KRW will be invested in 26 projects including the Youth Work Bridge project that helps with customized career planning, a rental deposit loan interest support project for housing stability, a university student export internship support project, and support for young farmers’ agricultural activities.
Projects to improve awareness of various family types due to demographic changes will also be conducted. A total of 1 billion KRW will be supported for eight projects including the 'Anyone Care' project that allows anyone to use care services at any time and place regardless of income or assets, multicultural family festivals, winter heating cost support for low-income single-parent families, and father role support projects.
Mayor Lee said, "The issues of low birth rates and aging population are important challenges that must be structurally addressed across society," adding, "We will faithfully implement detailed projects so that citizens can be satisfied in their daily lives."
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