Jung Sye-kyun Suggests Targeted Support for Groups Severely Affected by COVID-19... Indicates Selective Payments

Prime Minister Chung Sye-kyun is conversing with participants at the High-Level Party-Government Council held on the 6th at the Prime Minister's Official Residence in Jongno-gu, Seoul. From the right: Kim Sang-jo, Chief of Policy Office at the Blue House; Lee Nak-yeon, Leader of the Democratic Party of Korea; Prime Minister Chung; Kim Tae-nyeon, Floor Leader; Han Jeong-ae, Chair of the Policy Committee; Hong Nam-ki, Deputy Prime Minister and Minister of Economy and Finance. Photo by Moon Ho-nam munonam@

[Asia Economy Reporters Kim Hyemin and Jeon Jinyoung] Prime Minister Chung Sye-kyun stated on the 6th, "We will prepare tailored support measures without blind spots, focusing on vulnerable employment groups such as youth, workers in special employment types, the unemployed, as well as small business owners, self-employed individuals, and low-income groups who are severely affected." This is interpreted as indicating selective support amid discussions on the second emergency disaster relief fund.

At a high-level ruling party-government meeting held at the Prime Minister's official residence in Jongno-gu, Seoul, Prime Minister Chung said, "The ruling party, government, and Blue House recognize the urgent need for additional emergency support for livelihoods struggling due to the resurgence of COVID-19 and are seeking countermeasures."

He added, "The government intends to mobilize all policy tools to fully respond to overcome the current livelihood and economic crisis," emphasizing, "We will focus on expanding eligibility criteria and preparing new support measures to minimize the spread of COVID-19 damage by the end of the year."

Prime Minister Chung also said, "We will prepare livelihood stabilization measures so that the public can have a safe and warm Chuseok holiday, and during the holiday, we will establish safe transportation measures, revitalize demand in traditional markets facing difficulties, and prepare financial support measures for small business owners," adding, "We will thoroughly manage both quarantine and economic recovery without neglecting either."

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