Prime Minister Jeong Sye-kyun Urges Focus on Second Half COVID-19 Measures and Economic Recovery... Calls for Pre-Preparation for Swift Supplementary Budget Execution

Prime Minister Chung Sye-kyun is attending the Cabinet meeting held at the Government Seoul Office in Jongno-gu, Seoul on the 30th. Photo by Yoon Dong-joo doso7@

[Asia Economy Reporter Lim Cheol-young] Prime Minister Chung Sye-kyun urged thorough preparations in advance to ensure the swift execution of the third supplementary budget (supplementary budget) after its passage through the National Assembly.

On the morning of the 30th, Prime Minister Chung chaired a Cabinet meeting at the Government Seoul Office and said, "This supplementary budget was painstakingly prepared to help the people and businesses suffering from the novel coronavirus disease (COVID-19), strengthen the quarantine system, and lay the foundation for economic leap through the Korean New Deal." He added, "Each ministry should explain the necessity and urgency of the supplementary budget to the National Assembly to gain understanding and cooperation, and once the supplementary budget is passed, make thorough preparations in advance to execute it swiftly."

He also emphasized that while the priority of policies in the second half of the year remains quarantine, there is the difficult task ahead of revitalizing the economy. Prime Minister Chung said, "This year, the first half passed in the blink of an eye while responding to the COVID-19 pandemic," adding, "COVID-19 relentlessly exploits gaps in quarantine, and the government must proactively identify and defend vulnerable areas and strengthen vigilance against overseas inflows."

He continued, "Based on thorough quarantine, we will focus on revitalizing exports and domestic demand, protect jobs and businesses, and also reinforce the social safety net meticulously," adding, "We will also steadily prepare for a leap as a leading country in the post-COVID-19 era by responding to paradigm shifts in all dimensions including economy, society, culture, and diplomacy."

He also urged thorough quarantine measures as the special travel week begins from the 1st to the 19th of next month. Prime Minister Chung said, "Due to COVID-19, people prefer traveling to nearby domestic tourist destinations, and this summer, crowds are expected to gather at major tourist spots," adding, "While this is expected to be an opportunity to revitalize the local economy, relevant ministries should carefully manage quarantine measures for indoor and outdoor tourist sites, restaurants, accommodations, and public transportation in cooperation with local governments."

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