Candidate Yibong Lee: "Economic Recovery Before COVID-19 Must Be the Top Priority"

Lee Yong-bin, Democratic Party of Korea, Gwangsan Gap, Gwangju Metropolitan City, National Assembly Candidate

[Asia Economy Honam Reporting Headquarters Reporter Park Seon-gang] Lee Yong-bin, a preliminary candidate for the National Assembly representing Gwangsan-gu Gap, Gwangju Metropolitan City from the Democratic Party of Korea, proposed to the government on the 13th that "all economic policies should prioritize economic recovery to the pre-COVID-19 level as the ultimate goal."

Candidate Lee stated, "With the efforts of the government and local governments, the COVID-19 quarantine response is gradually entering a stable phase," and added, "Now is the time for four key economic restorations: economic vitality, perceived economy, daily consumption, and measures for affected areas."

He continued, "First is the restoration of economic vitality in areas such as domestic demand, exports, investment, and tourism," and suggested, "It is necessary to quickly identify the damage in various sectors and aim for early recovery and normalization within three months by prioritizing legislative and institutional improvements and the early execution of policy funds."

He also said, "Second is the restoration of the perceived economy for small businesses, self-employed individuals, and small and medium enterprises," explaining, "Since it takes more than two months for the government's policy trickle-down effect to reach local neighborhoods, I hope that public-private cooperative measures to reduce or temporarily defer rent and interest for ordinary citizens will be considered."

He stated, "Third is the restoration of daily consumption through normalization of daily life," emphasizing, "Even when returning to pre-COVID-19 daily life, continuous preventive activities are necessary so that people do not become excessively withdrawn or anxious and can engage in routine consumption activities."

Furthermore, he proposed, "Fourth, special economic management for areas directly and indirectly affected by COVID-19 should also be concurrently reviewed."

Candidate Lee expressed, "I hope that national incentives will be granted for Asan, Jincheon, and Icheon, which welcomed the Wuhan evacuees," and conveyed deep gratitude to Mayor Lee Yong-seop of Gwangju, District Mayor Kim Sam-ho, quarantine authorities, and medical staff who took the lead in overcoming COVID-19 in our region, stating, "We are already united."

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