Gov't to release record 183,000 tons of food products ahead of Chuseok
SEOUL, Sept. 1 (Yonhap) -- South Korea will release a record 183,000 tons of key...
South Korea plans to release a record 183,000 tons of food products ahead of the upcoming Chuseok holiday, as part of a strategy to stabilize consumer prices, according to the finance ministry. This measure includes the release of 18,000 tons of vegetables, 32,000 tons of fruit, 90,000 tons of beef and pork, and 17,000 tons of chicken, along with 20,000 tons of seafood products at discounted prices.
The government will also spend 103 billion won to support discount events at offline and online stores, and offer discounts of up to 40 percent on agricultural and livestock products, and up to 50 percent on seafood products. Additionally, the government will waive expressway tolls and offer discounts on train fares to facilitate holiday travel.
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