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Writer Park Jisoo
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Subject An additional KRW 5 billion in Gangdong Bit sal money

Gangdong-gu, Seoul, capital city of South Korea (District Mayor Lee Jung hun) issued an additional KRW 5 billion on the 3rd to promote consumption in the region and increase sales of small business owners. Gangdong Bit sal money is a card-type local currency issued by the district since July last year (2020) to revitalize the local economy, which has shrunk due to Covid 19. This year, the district continues to issue Gangdong Bit sal money, which has a great effect on increasing sales of small businesses and revitalizing the local economy. It has issued a total of 13 billion won, including 3 billion won in March, 5 billion won in April and 5 billion won in May. In particular, the additional 5 billion won issued on the 12th of last month reduced the discount purchase limit from 700,000 won to 500,000 won with a special discount of 10%, allowing more residents to benefit from Gangdong Bit sal money. The 5 billion won issued on May 3rd has ended the special discount period, but it can be used with a 7% regular discount rate and a monthly discount purchase limit of 700,000 won per person. Lee Jung hun, head of Gangdong-gu District Office, said, "It is receiving great response from residents, such as early exhaustion every time Gangdong Bit sal money is issued." "I hope you will continue to use Gangdong Bit sal money, which can save small business owners and the local economy and get discounts." For more information, contact the Seoul Call Center or Gangdong-gu Labor Rights Center.