Korea Joongang Daily
Korea JoongAng Daily

Vouchers for the people mean debt for local governments

As the government prepares to distribute a second round of consumption vouchers next month, local governments say they are straining to find the money to cover their share of the stimulus funds amid a fall in tax revenues.

2025-08-29

Prevent faulty apartment constructions

The missing of steel reinforcements in public apartments administered by the state-owned Korea Land and Housing Corporation (LH) is bringing about wide repercussions.

2023-08-03

Stocks rise on stimulus and vaccine optimism

Stocks closed sharply higher Monday on hopes of massive economic stimulus steps sought by the local government. The won fell against the dollar amid the growing tension between the United States and China.

2020-05-25

When is the relief money coming and how is it paid?

This is the JoongAng Ilbo's frequently asked questions on how to apply for the government’s emergency disaster relief grants based on an announcement made by the Ministry of the Interior and Safety.

2020-05-04