"If the Daegu Mayor just decides... I will definitely support unconditionally"

[Image source=Yonhap News]

[Image source=Yonhap News]

View original image

[Asia Economy Reporter Lim Chun-han] Kim Boo-kyum, the head of the Democratic Party's Daegu·Gyeongbuk Election Countermeasures Committee, stated on the 22nd regarding the response to the novel coronavirus infection (COVID-19), "Daegu should also provide emergency disaster relief funds."


On the same day, Kim said on his Facebook, "Yesterday morning, the Central Disaster and Safety Countermeasures Headquarters loosened the scope of the disaster fund controlled by the Ministry of the Interior and Safety, allowing it to be used to support vulnerable groups. This means local governments can now freely use it as needed," adding, "The fund should also be utilized. That means there is a total of more than 1.8 trillion won."


He explained, "In this COVID-19 supplementary budget, Daegu·Gyeongbuk's share is 2.3 trillion won. It is not a small amount of support," and added, "Even if shared with Gyeongbuk, at least 1.5 trillion won or more will be available resources for Daegu, and Daegu City originally has a disaster fund of a little over 300 billion won."


He continued, "Currently, Seoul, Gangwon Province, and Gyeongnam Province, although under different names, plan to provide support funds to socially vulnerable groups. Jeonju has already provided such funds," and said, "I will not reiterate how difficult it is for self-employed people, small business owners, and low-income groups in Daegu due to COVID-19. These people should be supported first."


Kim said, "Since the resources amount to 1.8 trillion won, I believe it is possible. Even after subtracting the 800 billion won calculated above, 1 trillion won remains. Of course, some of it will need to be used for other projects, so it won't be the entire 1 trillion won," and added, "Even if only half, 500 billion won, is allocated, it is a feasible attempt. Daegu has about 1 million households. For example, if 500,000 households receive 1 million won each, that is exactly 500 billion won."



Kim said, "Now it is Daegu's turn to help itself. There is a certain amount of money, other cities and provinces are doing it, and the leadership of the main opposition party, which opposed it as 'handouts,' has changed its stance," and added, "It only takes the Daegu mayor's decision. I will support unconditionally."


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing