Na Kyung-won said, "Local currency only benefits rich autonomous districts...Populism at its height"

Na Kyung-won, a member of the People's Power, pointed out that the "local currency," a major budget increase project of the Democratic Party of Korea, is a structure in which only "rich" autonomous districts with high financial independence benefit.

Rep. Na wrote on his SNS, saying that the so-called "Lee Jae-myung pledge" is the height of populism.

Specifically, until September this year, Gangnam-gu District issued about 75 billion won in local currency, more than six times that of Yeongdeungpo-gu and Yangcheon-gu, because local currency is to be paid by matching the local government's budget.

It also added that 21.9% of Seoul's local currency has been used by large companies with annual sales of more than 3 billion won over the past five years, and the amount used by small companies was less than 30% of the total.

He stressed that this is a big difference from Onnuri gift certificates, which are fully funded by the government and have limited use.