Cheong Wa Dae: "President Moon's Cabinet Meeting Remarks Do Not Indicate 4th Supplementary Budget" (Update)

Cheong Wa Dae "Now Is the Time to Focus All Efforts on Quarantine"... President Moon Urges "Check for Any Shortcomings in Financial and Fiscal Support"

The view of Cheongwadae from Namsan, Seoul on the 11th. Photo by Hyunmin Kim kimhyun81@

[Asia Economy reporters Ryu Jeong-min and Kim Dong-pyo] The Blue House clarified that President Moon Jae-in's remarks at the Cabinet meeting on the 25th did not indicate the necessity of a 4th supplementary budget.

A senior Blue House official told reporters on the day, "He did not imply a 4th supplementary budget. Regarding disaster relief funds, I want to emphasize that now is the time to focus all efforts on quarantine measures."

Earlier, President Moon had urged at the Cabinet meeting, "Although financial support through three supplementary budgets and large-scale financial assistance has been provided, please urgently review whether there are any shortcomings."

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