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President urges quick distribution of stimulus funds worth KRW 19T

March 03, 2021

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By Kim Eun-young and Yoon Hee Young The government's fourth round of emergency relief payments worth KRW 19.5 trillion will be distributed to small business owners and the self-employed having difficulty due to the COVID-19 pandemic. President Moon Jae-in on March 2 told a Cabinet meeting at Cheong Wa Dae, "The amount (of the stimulus payments) has come from a supplementary budget of KRW 15 trillion in addition to KRW 4.5 trillion earmarked in the budget for the current fiscal year." "The supplementary budget proposal will be submitted to the National Assembly in early March for the second consecutive year," he said. "This is because the COVID-19 cri…

NEWS	President urges quick distribution of stimulus funds worth KRW 19T By Kim Eun-young and Yoon Hee Young The government's fourth round of emergency relief payments worth KRW 19.5 trillion will be distributed to small business owners and the self-employed hav… March 03, 2021 Read More >

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