Kim San, a preliminary candidate of the Democratic Party of Korea for Muan County Mayor in South Jeolla Province, pledged to expand the annual issuance of Muan Love gift certificates to 100 billion won ($73 million) to invigorate the local economy.
"To breathe life into the sluggish people's livelihood economy, we will increase the annual issuance of Muan Love gift certificates from the current 60 billion won to 100 billion won starting next year," Kim said Wednesday. He projected that the pledge would boost sales for small business owners struggling with high prices and economic downturn, while providing practical assistance to household budgets, including children's private education expenses.
Along with the expanded issuance, Kim also presented substantive operational plans, including upgrading mobile and card-based gift certificate systems for user convenience and increasing benefits for participating merchants.
Regarding budget securing, he pledged to stably arrange funding for the 100 billion won issuance through thorough expenditure restructuring and efficient budget allocation.
Meanwhile, members of the Muan Young Merchants Association officially declared their support for Kim through a statement the same day, backing him for the sustainable development of Muan and the recovery of the local economy.
