[Image source=Yonhap News]

[Image source=Yonhap News]

View original image

[Asia Economy Reporter Wondara] The Democratic Party of Korea announced that it will continue consultations between the party and the government to ensure that the achievements of 'K-quarantine' related to the 'Korean New Deal' policy can lead to economic outcomes.


On the morning of the 7th, Cho Jeong-sik, chairman of the Democratic Party's Policy Committee, said at a policy coordination meeting held at the National Assembly, "The government will announce today the direction for promoting the Korean New Deal aimed at creating digital-based jobs," adding, "The Democratic Party is preparing comprehensive tasks such as K-quarantine and the bio-green industry in preparation for the 'post-COVID' era, and will establish promotion strategies through consultations between the party and the government."


Chairman Cho explained, "We will ensure that the achievements of K-quarantine, which has established itself as a global standard for the COVID-19 response system, are realized in the economic sector as well," and added, "We will prioritize swift and accurate policy implementation above all."



Policies related to the employment safety net are also expected to be prepared. Chairman Cho stated, "We will actively organize efforts to eliminate blind spots in the employment safety net," and said, "We will closely consult between the party and the government to ensure that appropriately scaled projects are reflected in the third supplementary budget bill to be submitted next month." He also added, "We will accelerate support projects for crisis industries such as small and medium-sized enterprises and small business owners, as well as ensure the smooth payment of emergency disaster relief funds."


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