Czech town launches local 'currency' to boost post-COVID recovery


  • World
  • Friday, 14 May 2021

Candy store owner Jitka Hornakova receives Corrency (covid currency) payment through a mobile application, amid the coronavirus disease (COVID-19) pandemic, in Kyjov, Czech Republic, May 12, 2021. REUTERS/Jiri Skacel

KYJOV, Czech Republic (Reuters) - A Czech town has launched a scheme whereby residents are being given money to spend in shops and cafes badly hit by COVID-19 lockdowns, in the form of digital vouchers being marketed as a special local currency.

Up to 2,000 residents of Kyjov are each being given 400 crowns ($19) worth of "corrents", a name blending the words for "coronavirus" and "currency", to spend at 40 businesses including shoe shops, a pharmacy and a burger joint.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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