Prime Minister Jeong: "Disaster Relief Fund Passed by National Assembly, a Prime Example of Communication and Cooperation"

Emphasizing 'Communication and Cooperation' in the Passage of the Supplementary Budget
"We Acknowledge the Efforts of the Financial Authorities to Maintain Fiscal Soundness"

Prime Minister Chung Sye-kyun, who attended the National Assembly Budget and Accounts Committee plenary session on the 28th to review the second supplementary budget bill for the emergency disaster relief fund payment, is giving a proposal explanation. Photo by Yoon Dong-joo doso7@

[Asia Economy Reporter Han Jinju] Prime Minister Chung Sye-kyun welcomed the passage of the supplementary budget bill necessary for the payment of emergency disaster relief funds in the National Assembly, emphasizing it as a representative case of 'communication and cooperation.'

On the 30th, Prime Minister Chung posted on Facebook, "The second supplementary budget bill was passed in the National Assembly early this morning. I repeatedly thank both ruling and opposition parties for coming together to expand the emergency disaster relief fund recipients from the bottom 70% income bracket to all households."

Prime Minister Chung stated, "The expansion of the emergency disaster relief fund recipients this time will be remembered as a representative case of ‘communication and cooperation,’ resolving differences within the government, between the ruling party and government, between ruling and opposition parties, and between the National Assembly and the government," adding, "The National Assembly supported the government's proposal through budget and legislation by bipartisan agreement."

He explained, "I am well aware of the efforts by the financial authorities to maintain ‘fiscal soundness’ during decision-making within the government and the ruling party-government consultations," and added, "In the face of the unprecedented COVID-19 crisis, the top priority was to timely provide emergency disaster relief funds to those in need, and if a system allowing voluntary donations from high-income earners is established in the National Assembly, the government has prepared a compromise to accept it."

Prime Minister Chung said, "Narrowing differences between government ministries, ruling party and government, and between the National Assembly and the government, and constantly coordinating and mediating to produce productive conclusions between the realms of policy and politics is the role of the Prime Minister and the mission entrusted by the Constitution," and added, "I will devote myself even more to 'social integration through communication and cooperation,' which I promised the people upon taking office."

On the same day, the National Assembly passed the second supplementary budget bill worth 12.2 trillion won in a plenary session early in the morning to provide emergency disaster relief funds related to COVID-19. The government plans to distribute disaster relief funds to 21.71 million households in May. Single-person households will receive 400,000 won, two-person households 600,000 won, three-person households 800,000 won, and households with four or more members will receive 1,000,000 won each.

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