City of Busan to Freeze Gas Rates for the Fifth Straight Year

The Busan Metropolitan Government has decided to freeze the city gas rates to ease the household burden on citizens amid soaring prices and high-interest rates.

With the latest decision, the city’s gas rate will remain frozen for the fifth year since it was raised 0.0384 won-per-megajoule in 2017.

At the “People’s Economic Stability Meeting” held on the 14th, Mayor Park Hyung-joon announced that he would freeze seven types of utility bills, including city gas, until this year.

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BeFM Newshttp://www.befm.or.kr
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