Seoul to launch experimental welfare project to provide monthly subsidies to low-income earners
Social affairsFeb 22, 2022
The Seoul city government said Tuesday it will launch an experimental welfare program aimed at providing regular subsidies to low-income households in the capital under Mayor Oh Se-hoon's initiative. Under the project, a total of 800 households in the bottom 33 percent income bracket and with less than 326 million won ($272,575) in assets will be given monthly subsidies over the next three years, according to the city office. A total of 19.5 billion won of the city budget will be spent to financ