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Suwon Special City Selected as "Excellent Local Government for Issuing Community Love Gift Certificates" by Ministry of Interior and Safety

Suwon City uniquely selected in Group 1 among 31 cities and counties in Gyeonggi Province, securing 400 million won in special grantsSuwon City sets record-high budget for Suwon Pay incentives in 2025 to revitalize local economy
Exterior view of Suwon Special City Hall. (Photo=Suwon City)
Exterior view of Suwon Special City Hall. (Photo=Suwon City)

[Suwon Ilbo=Reporter Jeong Jun-seong] Suwon Special City announced on the 31st that it has been selected as an "Excellent Local Government for Issuing Community Love Gift Certificates" by the Ministry of Interior and Safety and has secured 400 million won in special grants.

The Ministry of Interior and Safety comprehensively evaluates the issuance performance of 192 local governments that issue community love gift certificates, assessing results before the first budget support (January-April 2025) and after the second supplementary budget support (September-October), and provides incentives to excellent local governments.

Incentives are distributed in graduated amounts to 79 excellent local governments divided into three groups. Incentives are 400 million won for Group 1 (scores 100-90), 250 million won for Group 2 (scores 90-70), and 200 million won for Group 3 (scores 70-60). Suwon City uniquely entered Group 1 among the 31 cities and counties in Gyeonggi Province, securing 400 million won in special grants.

The city has allocated the record-high budget for Suwon Pay incentives in 2025 to revitalize the local economy, expanding the charging limit from 300,000 won to 500,000 won and the incentive rate to 10%. In January and October, when Lunar New Year and Chuseok holidays occur, the incentive rate was increased to 20%.

A city official stated, "This year, we issued Suwon Pay at a record-high scale of 460 billion won and accelerated efforts to revitalize the local economy by expanding the incentive payment rate," and added, "We will continue to promote policies that can bring warmth to local businesses going forward."

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