The government and ruling party announced their plan to allocate over 5.5 trillion won ($4.14 billion) to improve people's livelihoods in the country, which includes increasing discount coupons for small businesses and subsidies for electric vehicle users. This move comes as the Democratic Party of Korea, under the leadership of Rep. Lee Jae-myung, is focusing on enhancing people's livelihoods, with an eye on the 2027 presidential election. The People Power Party has also emphasized the need to provide financial support for socially vulnerable groups and small businesses in next year's budget plan. In addition to the financial support, the government and ruling party have agreed to issue a record 5.5 trillion won in discount coupons for traditional markets and small businesses. Furthermore, they aim to boost electric vehicle use by doubling subsidies for EV purchases and increasing the discount rate for public transportation fares for multichildren households. The officials also plan to address safety concerns related to EVs by increasing the distribution of EV chargers with fire prevention functions and allocating additional budget for fire equipment to prevent incidents like the recent massive fire caused by an electric vehicle in an underground parking lot.