Jeong Seong-ho "If selective payments are made, low-income groups are worried"... Concerns over 3rd disaster relief fund

Gyeonggi Governor Lee Jae-myung (right) is discussing with National Assembly Budget Committee Chairman Jeong Seong-ho at the 'One Year of Japan's Economic Retaliation: Realizing Technology Independence in Materials, Parts, and Equipment! Policy Forum on Fostering Materials, Parts, and Equipment in Gyeonggi Province' held at the National Assembly Members' Office Building on July 23. Photo by Yonhap News Agency

[Asia Economy Reporter Hana Na] Amid heated political discussions on selective payments for the third disaster relief fund, Jeong Seong-ho, a member of the Democratic Party and chairman of the National Assembly's Budget and Accounts Special Committee, expressed concern, saying, "I am really worried about how small business owners, micro-entrepreneurs, and low-income groups will respond."

On the 29th, Jeong stated on his Facebook, "When the opposition party's demand for a selective support fund of 3.6 trillion won is said to be paid before the Lunar New Year, I am really worried about how the public, especially small business owners, micro-entrepreneurs, and low-income groups, will react."

Jeong added, "Once decided at a high-level party-government-office meeting, no other objections can be raised, so the issue of reflecting the selective third disaster relief fund before next year's Lunar New Year in the next year's budget will be handled without any problems."

He continued, "There are empirical and statistical data on the effects of the first and second disaster relief funds. Of course, more precise analysis needs to be conducted," emphasizing, "The ruling party must consider its role in proactively preparing for the nation’s governance and for the people pushed to the brink by the COVID-19 crisis."

Meanwhile, Lee Jae-myung, Governor of Gyeonggi Province, advocating for universal payment of the third disaster relief fund, sent a text message titled 'Appeal from the Governor of Gyeonggi Province on the Third Disaster Relief Fund' to Democratic Party lawmakers and party leadership yesterday. Lee argued, "In January next year, the third disaster relief fund should be fairly provided to all citizens at 200,000 to 300,000 won per person in local currency."

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