[Breaking News] Party-Government-Cheong Wa Dae to Invest 3.4 Trillion Won in New Coronavirus Response

A high-level meeting between the ruling party, government, and Blue House was held at the National Assembly on the 5th to discuss issues related to the novel coronavirus. On this day, the party, government, and Blue House reviewed the current quarantine situation and discussed quarantine responses and economic support measures. Attending the meeting were Democratic Party lawmakers Ki Dong-min (from left), Hong Ik-pyo, Yoon Kwan-seok, Director of the Office for Government Policy Coordination Noh Hyung-wook, Democratic Party Special Committee Chair for Novel Coronavirus Measures Kim Sang-hee, Policy Committee Chair Cho Jung-sik, Secretary-General Yoon Ho-jung, Deputy Prime Minister and Minister of Economy and Finance Hong Nam-ki, Prime Minister Chung Sye-kyun, Party Leader Lee Hae-chan, Floor Leader Lee In-young, Blue House Policy Chief Kim Sang-jo, Foreign Minister Kang Kyung-wha, Minister of Health and Welfare Park Neung-hoo, Senior Secretary for Political Affairs Kang Ki-jung, Senior Secretary for Economic Affairs Lee Ho-seung, and Senior Secretary for Social Affairs Kim Yeon-myeong. Photo by Yoon Dong-ju doso7@

[Asia Economy reporters Wondara and Jeon Jinyoung] The Democratic Party of Korea, the government, and the Blue House have decided to utilize 3.4 trillion won in contingency funds to prevent the spread of the novel coronavirus infection (Wuhan pneumonia).

Hong Ik-pyo, the senior spokesperson of the Democratic Party, stated in a briefing immediately after the party-government-Blue House meeting held at the National Assembly on the morning of the 5th to prevent the spread of the novel coronavirus, "Currently, there are 2 trillion won in earmarked contingency funds and 1.4 trillion won in general contingency funds," adding, "We plan to actively and appropriately utilize the total available contingency funds of 3.4 trillion won."

Previously, the government urgently injected 23 billion won into quarantine budgets. The additional budget to be injected this time will be used to strengthen the quarantine response system, expand quarantine diagnostic personnel and facilities, and support medical personnel and resources for isolation treatment.

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