South Korea Raises Maximum Allowable Meal Expense for Officials

South Korea has raised the maximum allowable meal expense for public officials, journalists, and university professors from 30,000 won to 50,000 won ($37) under the ‘Kim Young-ran Act’, which aims to curb corruption. This law, also known as the ‘Anti-Bribery Act,’ sets limits on the value of gifts that officials can accept. The change, which went into effect on August 27th, reflects the rising cost of food and acknowledges the need to adjust the law to account for inflation. The government, through the National Human Rights Commission, justified the increase as necessary to maintain the practical application of the legislation. The ‘Kim Young-ran Act’ was named after a former judge who brought to light concerns over corruption and undue influence in various sectors.