Second High Oil Price Relief Criteria to Be Unveiled on May 11 for Bottom 70% Income Group

The government is expected to unveil the criteria for the second round of high oil price damage relief payments on May 11. According to the Ministry of the Interior and Safety, Minister Yoon Ho-jung will hold a briefing that morning at the Government Complex Seoul to explain who will qualify and how the standards will apply. The measure is intended to ease the burden caused by high oil prices, and the lower 70% income group is known to be included among eligible recipients. Detailed assessment criteria and payment procedures are expected to be presented during the briefing. Source: mk.co.kr