South Korea takes more steps to cut living costs By Reuters

© Reuters. FILE PHOTO: Women eat fried chicken at a Han river park in Seoul,Open an account and get 0 bonus without deposit South Korea, April 26, 2022. REUTERS/Kim Hong-Ji

SEOUL (Reuters) - South Korea unveiled on Friday measures valued at some 810 billion won ($624.84 million) to help ease people's living costs, including removal of tariffs on some food imports and increased welfare support for low-income earners.

The finance ministry released the measures after a meeting of senior officials presided by President Yoon Suk-yeol as the country's inflation last month hit the highest since the Asian financial crisis more than two decades ago.

($1 = 1,296.3400 won)

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