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I. Stabilize prices of popular items - Supply 16 major items in the largest quantity ever (208,000 → 257,000 tons) - Ship apples and pears exceeding the average supply (Over 120,000 tons) - Expand discount support for agricultural, livestock, and fishery products by more than double (30 → 84 billion won) - Provide a maximum 60% discount: Adjusted government’s discount support rate (20% → 30%) + Discounts offered by retail outlets II. Ease burden on people’s livelihoods [Small business owners] - Provide the highest-ever subsidy for the holiday - Launch low-interest refinancing loans - Refund interest: A maximum of around 1.5 million won for 400,000 small businesses - Reduce electricity bill: Provide 200,000 won for 1.26 million small businesses - Extend payment deadlines for value-added tax & corporate income tax [Traditional markets] - Permanently raise the monthly individual purchase limit for Onnuri Gift Cards* *The certificate for traditional markets and local stores issued by government [Paper] 1,000,000 → 1,500,000 won [Card/Mobile] 1,500,000 → 2,000,000 won [Vulnerable Group] - Carry out an early recruitment of 700,000 people under the job creation project - Postpone the electricity rate increases for another year: Invest 260 billion won for 3.65 million households III. Enhance safety and convenience [Transportation] - Exempt highway tolls during the entire holiday period (February 9 to 12) - Offer a discount of up to 30% for KTX and SRT train tickets [Medical service] - Enhance the medical response system - Allow non-face-to-face medical consultations for the general public during the holiday [Employees] - Promote a timely payment for subcontractors - Reduce interest rates on overdue loans IV. Boost domestic & inbound tourism [Domestic tourists] - Implement ‘Travel Month’ campaign in February: Distribute 200,000 - accommodation coupons available in non-capital areas, Provide vacation support for a maximum of 150,000 employees [Inbound tourists] - Provide 20% discount for inbound tourists from 5 countries (China, Hong Kong, Philippines, Thailand, Malaysia) when using mobile payment (Alipay(+) & WeChat Pay)

Ministry of Economy and Finance
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