Moon "Payments must be made before Chuseok to meet public needs"
"Avoid long lines... Request for convenient receipt"
Government confirms supplementary budget of 7.8 trillion won
Includes 20,000 won for communication fees and 2 million won support for self-employed

President Moon Jae-in is presiding over the 8th Emergency Economic Meeting at the Blue House on the morning of the 10th. <Photo by Blue House>

President Moon Jae-in is presiding over the 8th Emergency Economic Meeting at the Blue House on the morning of the 10th.

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President Moon Jae-in on the 10th emphasized that "swift execution is key" regarding the urgent comprehensive measures for the people's livelihood economy and urged the rapid execution of the 4th supplementary budget.


During a closed-door discussion at the 8th Emergency Economic Meeting held at the Blue House that day, President Moon said, "If payments are made before Chuseok, it can help many citizens and meet their needs," according to a written briefing by Blue House spokesperson Kang Min-seok.


◆President Moon uses 'swift' five times... Urges quick payments

In the closed discussion, President Moon used the word 'swift' five times, repeatedly urging 'quick payments.'


President Moon stated, "For swift support to be possible, the government must prepare for execution in advance before the 4th supplementary budget passes the National Assembly," and instructed, "Ministers should especially encourage pre-preparation for swift execution as part of proactive administration."


In response, Park Young-sun, Minister of SMEs and Startups, reported, "We will simplify procedures so that most small business owners can receive support without submitting separate documents," and Lee Jae-gap, Minister of Employment and Labor, also reported, "For 500,000 special employment and freelancers who were eligible for the 1st employment stabilization support fund, immediate support will be provided without separate screening under the existing support system."


Deputy Prime Minister and Minister of Education Yoo Eun-hye also said, "We will execute care support funds as quickly as possible by utilizing existing child allowance accounts and each school's K-EduFine system."


As ministers from each department explained their payment plans, President Moon evaluated, "Swift execution has been emphasized and a consensus seems to have been formed," adding, "For citizens who inevitably need to be supported after Chuseok, please notify them before Chuseok that they are eligible."


President Moon also added, "To ensure that compensation is swiftly provided to small business owners whose sales have plummeted due to the resurgence of COVID-19 and to industries restricted or banned from gathering due to strengthened social distancing, the entire budget must be executed without any unused funds."


President Moon uses 'quickly' 5 times... "Disaster relief funds must be paid before Chuseok" (Comprehensive) View original image


◆Emphasizing "convenient receipt" to avoid long lines

Additionally, President Moon emphasized 'convenient receipt.'


President Moon said, "One reason our government received better evaluations than other countries when providing emergency disaster relief funds to all citizens last May was because we did not cause long lines or inconvenience from the reception window," urging, "Please ensure that citizens can conveniently receive the support funds."


Since the meeting was held ahead of the holiday, there was also discussion about Chuseok gifts. The Anti-Corruption and Civil Rights Commission recently decided to temporarily raise the gift limit for agricultural, livestock, and fishery products from 100,000 won to 200,000 won.


Kim Hyun-soo, Minister of Agriculture, Food and Rural Affairs, conveyed on-site reactions, saying, "We have received many words of thanks from leaders of farmers' organizations," and "The government's measure was announced at a timely moment when Chuseok gifts were just beginning to be made."


President Moon said, "Please ensure that supply during the Chuseok holiday period proceeds smoothly and stably," adding, "I hope the Chuseok holiday will serve as an opportunity to revitalize the consumption of agricultural, fishery, and livestock products."


President Moon uses 'quickly' 5 times... "Disaster relief funds must be paid before Chuseok" (Comprehensive) View original image


◆President Moon presides over Emergency Economic Meeting... 7.8 trillion won 4th supplementary budget confirmed

Meanwhile, President Moon presided over the Emergency Economic Meeting and confirmed the preparation of the 7.8 trillion won 4th supplementary budget to respond to COVID-19.


The meeting focused intensively on the supplementary budget for vulnerable groups such as small business owners and operators hit hard by the resurgence of COVID-19, as well as Chuseok livelihood stabilization measures. Detailed projects were designed to provide tailored support, including communication fee support, new hope funds for small business owners, the 2nd COVID emergency employment stabilization support fund for vulnerable employment groups such as special employment types (SE), emergency living expenses for low-income households, and child care coupons.


In his opening remarks, President Moon said, "We have prepared a 7.8 trillion won 4th supplementary budget," describing it as "a disaster support-type supplementary budget that focuses intensively on industries and occupations severely affected." He also added, "Although the amount is small, we will support communication fees for all citizens aged 13 and above," calling it "a small comfort and sincerity from the government for all citizens who find face-to-face contact and economic activities difficult due to COVID-19."



President Moon acknowledged, "I know that the support funds from this supplementary budget are insufficient for citizens struggling with COVID-19 and many who have suffered great damage and face bleak prospects," adding, "Since we do not know when COVID-19 will end and must issue national bonds to provide support, this is an inevitable choice to maximize effectiveness with limited resources." He continued, "I hope citizens understand this supplementary budget with a spirit of solidarity to help those who are more vulnerable and in greater need first."


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

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