[Breaking] Budget Committee: "Telecom Fee Support Should Consider Telecom Companies' Advance Payment"

[Asia Economy Reporter Heo Midam] Regarding the '20,000 KRW communication fee support for all citizens aged 13 and over,' the National Assembly's Budget and Accounts Special Committee pointed out that a prepayment method by mobile carriers should be considered.

On the 15th, the Budget Committee suggested in its supplementary budget review report, "Since the communication fee support effectively compensates for the mobile carriers' sales revenue, it is necessary to consider a plan where carriers bear part of the discount amount first and then are compensated through tax support or other methods."

It added, "Compared to disaster relief funds, there will be an indirect income compensation effect of 20,000 KRW per person," but also explained, "By reducing cases of overdue or unpaid bills, there could be an effect where the government budget supports the mobile carriers' sales losses."

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