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Due to the fourth pandemic of Corona 19, the Korean economy grew only 0.3% in the third quarter. The growth rate was significantly lower than in the first and second quarters. If there is no clear recovery in the fourth quarter, it will be difficult to achieve the goal of '4% annual growth'. Exports were fine, and both private consumption and investment took a step back, but in order to revive domestic demand, the government decided to release 230 billion won worth of consumption coupons.



Correspondent Lee Seong-hoon.



<Reporter> There



are 9 types of consumption coupons that will be released with 'With Corona' next month, worth 228.2 billion won.



Coupons for eating out, performances, and agricultural products that were only available online can be used offline, and coupons for accommodation, travel, sports, movies, exhibitions, and professional sports, which have been completely suspended since the end of last year due to concerns about the spread of Corona, will be resumed.



For the dining out coupon, regardless of online or offline, if you use your card to eat more than 20,000 won 3 times, 10,000 won will be returned the 4th time.



For example, if you order food twice through the delivery app and eat out once, you get 10,000 won back the next time you eat out.



The physical education coupon provides a monthly discount of 30,000 won on the use of indoor sports facilities.



Movie and performance coupons reduce the ticket price by 6,000 won and 8,000 won, respectively, and if you book domestic accommodations through an online travel agency, you get 30,000 won off over 70,000 won and 20,000 won on less than 70,000 won.



It is intended to revive the weakened consumer sentiment, but there are also predictions that the effect will be temporary and limited due to the nature of consumption coupons.



[Seong Tae-yoon/Professor of Economics, Yonsei University: Because the effect of replacing the existing consumption is large, the high-income class is likely to benefit mainly, so a more focused support plan is needed for the affected class…

.] The



government expects that the effect of consumption coupons will increase when 'Korea Sale Festa', the largest shopping event in Korea, starts on the 1st of next month.



(Video coverage: Jeong Seong-hwa, video editing: Lee Seung-jin)