Secured 300 Million Won in Special Grants
Recognized for Achievements in Promoting and Implementing Consumption
On December 17, Gangwon Special Self-Governing Province announced that it had been selected as an "excellent" local government in recognition of its performance in implementing the livelihood recovery consumption coupon program. As a result, the province has secured a special grant tax incentive of 300 million won.
Soldiers of the 12th Infantry Division of the Army are paying for their dinner with livelihood recovery consumption coupons after dining at a restaurant located in Seohwa-ri, Inje-gun, Gangwon Special Self-Governing Province during a weekday outing. Provided by the 12th Infantry Division
The province received high marks for improving the application system for military personnel stationed outside the area, running consumption campaigns through the operation of the first and second consumption promotion weeks, organizing a collaboration event between Good Price Stores and Gangwon The Mall, and providing on-site application services. These efforts enhanced the convenience of distributing consumption coupons and actively promoted policies to boost consumption.
The distribution rates for the first and second rounds of consumption coupons, which began on July 21, were recorded at 99.1% (1,482,416 recipients) for the first round and 97.9% (1,387,365 recipients) for the second round. As of November 30, the usage rates reached 99.7% for the first round and 98.4% for the second round, both at high levels.
Kim Manho, Director of Economic Affairs at Gangwon Special Self-Governing Province, stated, "We will continue to implement various policies to ensure that the revitalized consumption trend brought about by the livelihood recovery consumption coupons does not remain a one-time event, but instead leads to increased sales for small businesses and further stimulates local consumption."
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