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Korea to Roll Out 2nd Round of Cash Aid to over 36 Mil. People Amid Mideast Crisis

Summary by The Korea Times
Korea will roll out a second batch of cash assistance for the bottom 70 percent of income earners, or about 36 million people, next week, officials said Monday, in an effort to ease financial strains caused by rising fuel prices amid the war in the Middle East. Last month, the National Assembly approved a 26.2 trillion-won ($17.8 billion) extra budget bill to address the economic fallout from the Middle East conflict, which includes the introduc…

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Korea will roll out a second batch of cash assistance for the bottom 70 percent of income earners, or about 36 million people, next week, officials said Monday, in an effort to ease financial strains caused by rising fuel prices amid the war in the Middle East. Last month, the National Assembly approved a 26.2 trillion-won ($17.8 billion) extra budget bill to address the economic fallout from the Middle East conflict, which includes the introduc…

·Korea (the Republic of)
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The Korea Times broke the news in Korea (the Republic of) on Monday, May 11, 2026.
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