Boseong County Governor Kim Cheol-woo's commitment to providing livelihood recovery funds for the second consecutive year through sound fiscal management is revitalizing local commercial districts ahead of the Lunar New Year holiday.
Boseong County announced on the 9th that the "Boseong Love (Livelihood Recovery) Support Fund" being distributed to all county residents recorded a 90.3% payout rate as of the 6th, five days after distribution began.
The support fund totals approximately 11 billion won targeting 36,000 county residents, with each person receiving 300,000 won entirely in 10,000-won denomination Boseong Love gift certificates.
To stabilize residents' livelihoods before the Lunar New Year holiday and promote local consumption, the county is expanding service windows at township administrative welfare centers and strengthening on-site guidance for swift distribution.
Positive responses from local merchants have emerged since the fund distribution began.
"During the support fund distribution period, customer visits increase and sales rise significantly compared to usual," said a merchant in Boseong County. "Coinciding with the Lunar New Year peak season, we're experiencing sales growth and have secured sufficient inventory to serve customers."
Heartwarming stories are also emerging.
"In one village, an elderly resident who received the support fund donated 50,000 won to the village hall, saying it would be more meaningful to share rather than spend it alone. This prompted other residents to join in the spirit of giving," explained a county official.
This Boseong Love Support Fund is notably financed entirely through the Integrated Fiscal Stabilization Fund without issuing local government bonds.
Boseong County has steadily accumulated the fund since 2019 following a mid-to-long-term fiscal strategy, achieving "debt-free livelihood welfare" that directly benefits residents while maintaining fiscal soundness.
Governor Kim Cheol-woo's leadership is drawing renewed attention as the county secured record-level national subsidies and reached the 700 billion won main budget milestone for the first time in its fiscal history.
"We will minimize inconveniences in the distribution process through field-centered administration so that not a single resident is left out," said Governor Kim Cheol-woo. "Based on this livelihood recovery support fund, we will continue policy measures that simultaneously stabilize residents' lives and create a virtuous cycle for the local economy."