Vice Minister Ki Jae: "Consumer Coupon Program Will Continue"...Reevaluation If COVID Worsens
[Asia Economy Reporter Jang Sehee] Despite the continued spread of the novel coronavirus infection (COVID-19), the government has announced its intention to continuously promote the eight major consumption coupon policies.
On the 19th, Kim Yong-beom, First Vice Minister of the Ministry of Economy and Finance, said at the regular briefing of the 'Emergency Economic Central Countermeasures Headquarters Meeting' held at the Government Seoul Office, "Under thorough quarantine measures at social distancing level 1.5, the consumption coupon project will continue," adding, "If the spread worsens, we will review it again with the relevant ministries at that time."
Hot Picks Today
"Now Our Salaries Are 10 Million Won a Month" Record High... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- 'Still Hesitant? If You're Wondering Whether KOSPI Will Rise, This Is the Number You Must Watch [Weekend Money]'
- About 100 Trillion Won at Stake... "Samsung Strike Is an Unprecedented Opportunity" as Prices Surge 20% [Taiwan Chip Column]
- "Heading for 2 Million Won": The Company the Securities Industry Says Not to Doubt [Weekend Money]
- Is It Really Like an Illness? "I Can't Wait to Go Again"—Over 1 Million Visited in Q1, Now 'Busanbyeong' Takes Hold [K-Holic]
Meanwhile, the government issued eight major consumption coupons for travel, performances, dining, etc., on August 14, when COVID-19 cases were in a lull, to stimulate consumption, but suspended them after two days due to the resurgence of COVID-19 cases.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.