A total of 2,466,596 people nationwide have applied for the high oil price relief payment within one week of the program's launch.
According to the Ministry of the Interior and Safety (MOIS) on Tuesday, 76.4% of the 3,227,785 first-round recipients had completed their applications as of the previous day. The total disbursement amounted to 1.4013 trillion won ($1.02 billion).
By region, South Jeolla Province led with an application rate of 80.9%, followed by Gwangju and Busan at 80.1%, with several areas exceeding the 80% threshold. Most other regions recorded rates in the 70% range, while North Chungcheong Province (70.4%) and Gangwon Province (71.3%) showed relatively lower application rates.
By payment method, credit and debit card applicants numbered approximately 1,076,418, the largest group. Prepaid card applicants totaled 814,481, while mobile and card-type local gift certificate applicants reached 508,490, and paper-type applicants numbered 67,207.
The high oil price relief payment is designed to ease the public burden caused by elevated oil prices and inflation stemming from the Middle East conflict. Payments ranging from 100,000 won to 600,000 won per person are provided to the bottom 70% of income earners, based on income level and region of residence.
Basic livelihood recipients receive 550,000 won per person, while near-poverty households and single-parent families receive 450,000 won each. Among eligible recipients, those residing in non-metropolitan areas or population-declining regions receive an additional 50,000 won per person.
The first round of payments for basic livelihood recipients, near-poverty households, and single-parent families will continue through the 8th of this month. Second-round applications will be accepted from the 18th through July 3.
