Gov’t provides financial support to nearly 15 million households
Arirang News
2020-04-16
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정부, 1천478만 가구에 코로나 '긴급재난지원금' 지급
The South Korean government has pledged an additional supplementary budget worth more than five billion U.S. dollars to counter the economic fallout of the COVID-19 pandemic.
Finance Minister Hong Nam-ki said during a meeting Thursday,... that Seoul will soon provide a maximum of 800 U.S. dollars to families of four or more members in the lowest 70 percent income bracket..
The additional budget will lift the economic burden on nearly 15-million households.
This is on top of an almost ten billion dollar extra budget executed in mid-March.
If approved, the extra budget will be the fifth under the Moon administration,... following ones to stimulate job creation and tackle fine dust pollution.
The South Korean government has pledged an additional supplementary budget worth more than five billion U.S. dollars to counter the economic fallout of the COVID-19 pandemic.
Finance Minister Hong Nam-ki said during a meeting Thursday,... that Seoul will soon provide a maximum of 800 U.S. dollars to families of four or more members in the lowest 70 percent income bracket..
The additional budget will lift the economic burden on nearly 15-million households.
This is on top of an almost ten billion dollar extra budget executed in mid-March.
If approved, the extra budget will be the fifth under the Moon administration,... following ones to stimulate job creation and tackle fine dust pollution.
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