Candidate Shin Jeong-hoon Welcomes Government's Decision to Distribute Emergency Disaster Relief Funds

[Asia Economy Honam Reporting Headquarters Reporter Park Seon-gang] Shin Jeong-hoon, the Democratic Party of Korea candidate for the National Assembly in Naju·Hwasun, Jeonnam, expressed on the 31st that he "welcomes" President Moon Jae-in's decision to provide emergency disaster relief funds announced on the 30th.

Candidate Shin stated that disaster basic income is not simply a welfare issue but a minimum economic policy to overcome the unprecedented crisis of COVID-19. He diagnosed the current economic crisis as a problem caused by a lack of consumption rather than a lack of investment funds, and emphasized the need to stimulate domestic consumption.

Shin said, "President Moon Jae-in responded 25 days after the emergency living expenses support request on the 5th," adding, "The decision to provide emergency disaster relief funds to local residents suffering economic difficulties due to COVID-19 will be welcome news like rain in a drought," and "I hope that the COVID-19 national crisis will be resolved soon and that a spring day will come to our weary hearts."

Meanwhile, the timing for the provision of emergency disaster relief funds is expected to be at the end of next month or mid-May, after the April 15 general election and the preparation of the related supplementary budget.

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