Table of Contents
- Financial Investment for Rapid Economic Recovery and Livelihood Stability
- The Core of Economic Recovery, Consumer Coupon Project
- Expansion of Dongbaek Card Cash Back to 13%
- Welfare Support for Youth and Vulnerable Groups
- Reflecting Local Issues and Urgent Needs
- The Primer for Citizens to Feel Economic Recovery
- Frequently Asked Questions (FAQ)
Financial Investment for Rapid Economic Recovery and Livelihood Stability
Busan City has prepared the 2025 3rd supplementary budget plan and submitted it to the city council.
The total scope of this budget is 1.0883 trillion won, representing a 6.2% increase compared to the existing budget of 17.6106 trillion won.
The focus of the city is on the recovery of the livelihood economy and support for vulnerable groups, particularly concentrating the budget on projects that citizens can directly feel, such as expanding cash back for the Dongbaek Card, extending youth rent support, and providing consumer coupons.
The Core of Economic Recovery, Consumer Coupon Project
Busan City has allocated 934.4 billion won to the consumer coupon project for livelihood recovery in this supplementary budget.
This includes 870.6 billion won received from the government’s second supplementary budget and the city’s matching funds of 63.8 billion won, which will enable the rapid distribution of consumer coupons.
This plan is expected to contribute to boosting local consumption and increasing sales for small businesses.
Expansion of Dongbaek Card Cash Back to 13%
A total of 83.7 billion won will be put into incentive rewards for local love gift certificates. In particular, the cash back benefits of the local currency Dongbaek Card will be expanded from the current maximum of 7% to a maximum of 13% starting in September.
This change is expected to encourage consumer usage and positively impact the sales of small businesses such as local shopping districts and traditional markets. Busan City plans to secure financial stability in response to the increased demand for the Dongbaek Card through this budget.
Welfare Support for Youth and Vulnerable Groups
Busan City has prepared a total of 46.9 billion won in government subsidy budget to strengthen welfare for youth and vulnerable groups and improve transportation infrastructure. In particular, the special support period for youth rent will be extended from 1 year to 2 years, with an additional budget of 10.4 billion won allocated to alleviate the housing cost burden on the youth.
Additionally, 4.9 billion won will be added for week-long activity service support for people with developmental disabilities, expanding the support target to 318 individuals. The infant care fee support project will also increase by 2.7 billion won to reflect the raising of the care fee unit price, contributing to improving the care environment for children.
Regarding transportation infrastructure, 10 billion won will be invested in the construction of the Sasang-Hadan Line and 8.2 billion won in the establishment of the urban rail wireless communication network (LTE-R) to enhance the safety and convenience of public transportation. These measures can be seen as important steps for the sustainable development of Busan City.
Reflecting Local Issues and Urgent Needs
In this supplementary budget, 2.8 billion won has been allocated for local issue resolution. In particular, this includes 100 million won for improving the treatment of babysitters to fill the gap in night care services.
Additionally, 500 million won has been budgeted for preparation funds for hosting the UNESCO World Heritage Committee in Busan in 2026, and another 500 million won allocated for international promotion related to the 2028 World Design Capital (WDC).
Moreover, a new budget of 600 million won has been allocated for the continuous maintenance of regular jobs and promotion of recruitment. This budget allocation can be seen as an effort to enhance the international status of the region while pursuing employment stability.
The Primer for Citizens to Feel Economic Recovery
The 3rd supplementary budget plan announced by Busan City aims to stabilize citizens' living conditions and recover the livelihood economy as the main goals.
This budget includes the expansion of Dongbaek Card cash back, the extension of youth rent support, and the promotion of the consumer coupon project, which are expected to allow citizens to directly feel the benefits.
Busan City hopes this supplementary budget will serve as an opportunity to invigorate the local economy and requested active cooperation from citizens and the city council.
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Frequently Asked Questions (FAQ)
Q. What is the total size of Busan City's 2025 3rd supplementary budget?
The total size is 1.0883 trillion won, which is a 6.2% increase compared to the existing budget.
Busan City has submitted the 2025 3rd supplementary budget plan to the city council, and the total size of this budget amounts to 1.0883 trillion won. This is a 6.2% increase from the existing budget of 17.6106 trillion won and is focused on recovering the livelihood economy and supporting vulnerable groups.
Q. How is Busan City's consumer coupon project structured for economic recovery?
934.4 billion won is allocated to quickly distribute consumer coupons to stimulate local consumption.
Busan City has allocated 934.4 billion won for the consumer coupon project aimed at livelihood recovery in the supplementary budget. This includes 870.6 billion won from the government’s second supplementary budget and 63.8 billion won in matching funds from the city. Rapid distribution of consumer coupons is planned to stimulate local consumption and increase sales for small businesses.
Q. How will the cash back benefits of the Dongbaek Card be expanded?
The cash back refund rate will be expanded from a maximum of 7% to a maximum of 13% starting in September.
A total of 83.7 billion won will be injected as incentive rewards for the local love gift certificate, with the cash back refund rate dramatically expanding from a maximum of 7% to a maximum of 13% starting in September. It is expected to encourage consumer use and positively impact the sales of small businesses such as local shopping districts and traditional markets. Busan City plans to ensure financial stability in securing demand for the Dongbaek Card.
Q. What does the welfare support for youth and vulnerable groups include?
A total budget of 46.9 billion won is allocated, including extending youth rent support and expanding services for individuals with developmental disabilities.
Busan City has prepared a total of 46.9 billion won in government subsidy budget to strengthen welfare for youth and vulnerable groups. The special support period for youth rent will be extended from 1 year to 2 years, with an additional budget of 10.4 billion won allocated. The target for weekday activity services for individuals with developmental disabilities will also expand to 318 individuals with a budget increase of 4.9 billion won. Moreover, infant care fees will increase by 2.7 billion won to reflect the rising care fee unit price, thereby strengthening housing and care support.
Q. What transportation infrastructure improvement projects is Busan City undertaking?
100 billion won for the construction of the Sasang-Hadan Line and 82 billion won for the establishment of the urban rail wireless communication network will be invested.
Busan City plans to invest 100 billion won in the construction of the Sasang-Hadan Line and 82 billion won in the establishment of the urban rail wireless communication network (LTE-R) to enhance the safety and convenience of public transportation. This important project aims to improve the convenience of citizens’ movement and contribute to Busan City's sustainable development.
Q. How has the budget been allocated for local issues and international events?
28 billion won has been allocated for local issues, with 5 billion won for UNESCO World Heritage promotion and 5 billion for design capital promotion.
This supplementary budget includes 28 billion won allocated for resolving local issues, including 100 million won for improving the treatment of babysitters for night care services. Five hundred million won has been budgeted for preparations for Busan to host the UNESCO World Heritage Committee in 2026, as well as another 500 million won allocated for international promotions related to the 2028 World Design Capital (WDC). Additionally, new budgets for maintaining regular jobs and promoting recruitment of 600 million won have also been set up to enhance the region's international status while pursuing employment stability.
Q. What is the ultimate goal of this supplementary budget plan?
The goal is to stabilize citizens' lives and invigorate the local economy through the recovery of the livelihood economy.
The 3rd supplementary budget plan announced by Busan City has set as its main goals the stabilization of citizens' lives and the recovery of the livelihood economy through measures such as expanding cash back for the Dongbaek Card, extending youth rent support, and promoting the consumer coupon project. Busan City hopes that this supplementary budget will greatly contribute to the revitalization of the local economy and is looking for active cooperation from citizens and the city council.
