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Second High-Oil-Price Relief Criteria Due May 11, Bottom 70% by Income Targeted

Published: · Source: yna.co.kr

Second High-Oil-Price Relief Criteria Due May 11, Bottom 70% by Income Targeted
TL;DR: The second-round criteria for high-oil-price damage relief will be disclosed on May 11, with eligibility centered on selecting the bottom 70% by income.
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The criteria for the second round of high-oil-price damage relief will be disclosed on May 11. According to a Seoul-datelined Yonhap News Agency report, the announcement will set out the standards for additional support for people affected by high oil prices. The key point is that recipients will be selected from the bottom 70% by income. Once the second-round criteria are released, they will provide the basis for determining who is included. The original report did not provide details such as the payment amount, application method, or actual payment schedule. The disclosure is expected to serve as a reference point for households facing high oil-price burdens. Source: yna.co.kr.

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