Government to provide up to 200 million won for those born in rural areas until age 34

The South Korean government plans to provide substantial financial support to individuals born in rural areas, aiming to aid their self-sufficiency by age 34. This initiative, part of the 'Comprehensive Investment Strategy for Youth Growth Stages,' will offer up to approximately 200 million won per person.

The support will be distributed across various life stages, including birth, childhood, education, employment, and marriage. This comprehensive approach seeks to address the challenges faced by young people, particularly those from rural backgrounds, as they navigate critical developmental phases.

President Lee Jae-myung emphasized the government's responsibility to create a society where efforts are met with opportunities. "It is not enough for our youth to dream of a better tomorrow," he stated at the 'Youth Budget Unboxing 2027' event. "Before telling them to try harder, the nation's responsibility is to create a society where they can gain opportunities commensurate with their efforts."

This ambitious plan is backed by a significant increase in the youth budget. For the upcoming year, the budget allocated to youth-related initiatives is set at 43.3 trillion won, a substantial 53.5% rise from the current year's 28.2 trillion won. This financial commitment underscores the government's dedication to fostering youth development and economic independence.

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It is not enough for our youth to dream of a better tomorrow. Before telling them to try harder, the nation's responsibility is to create a society where they can gain opportunities commensurate with their efforts.