Title : Special Postage Stamp for Encouraging Saving
Stamp Serial#
1091 
KPC#
C-785 
MICHEL#
1116 
StanGib#
1315 
Scott#
1129 
Date of Issue
04/01/1978 
Quantity
3,000,000 
Denomination
20 won 
Design
Ants Saving For the Future 
Designer
Ann, Seung Kyung 
Image Area
23mmí┐33mm 
Perforation
13 
Sheet Composition
5í┐5 
Paper
White unwatermarked
Print
Government Printing and Mint Agency of the Republic of Korea 
Description
We are well aware that the only way to overcome numerous disasters such as disesses, damages, conflagrations and thefts which we are bound to encounter in the course of life, is to practice savings.

It is all more obvious that without savings, we can hardly except to enjoy such comforts of life as affluent living, happy marriage and good education for our children. Not only are savings indispensable for everyone of us on an individual basis, but are also vital for the supply of investment funds required for the construction of a viable national economy.

Owing to successful implementation of economic development plans for three consecutive periods, during the past 15years from 1962 through 1976, the Republic of Korea has achieved a remarkable economic growth in terms of quantity. For the 4th economic development-plan period, which was launched last year, a target has been set at the building of a stable welfare state in which all our people can enjoy a well-to-do life, with emphasis placed on national security and qualitative improvement of the national life, so that the nation can establish a self-sustaining national economy.

A self-supporting economy means that all the investment funds required for economic growth be made available solely by the savings of the people. In the case of 1977, the 1st year of 4th Economic Develolment Plan, the savings of the people accounted for 24.8 percent, and overseas savings 0.6percent, of the investment funds used, showing that a considerable part of investment funds was borne by national savings. The government plans to supply all investment funds through national savings by 1981, the last year of the 4th Plan period.

On the occasion of observing the 2nd anniversary of the property formation savings system, on April 1, the Ministry of Communications issues a special postage stamp for encouraging savings for the purpose of promoting savings practice among the people, to help realize our common goal of individual affluence of all our people, and increased wealth and power of our country as a whole