Deputy Prime Minister Hong Nam-ki Urges Swift Disbursement of 3rd Disaster Relief Fund in Early to Mid-January

Hong Nam-ki, Deputy Prime Minister and Minister of Economy and Finance, is presiding over an expanded executive meeting held via video conference between Sejong and Seoul on the 28th at the Ministry of Economy and Finance's main conference room in the Government Complex Sejong, Sejong City.

[Sejong=Asia Economy Reporter Kim Hyunjung] Deputy Prime Minister and Minister of Economy and Finance Hong Nam-ki urged employees to have strong breakthrough power for economic recovery and rebound next year. He also emphasized that the execution of the third disaster relief fund, scheduled to be announced on the 29th, should be carried out quickly in early to mid-next month.

On the afternoon of the 28th, Hong held the last expanded executive meeting of the year at the Sejong Government Complex and told employees, "We must achieve the recovery and rebound of our economy next year," urging them to have strong breakthrough power and rapid speed, according to the Ministry of Economy and Finance.

At the meeting, regarding the customized support measures for damage caused by the novel coronavirus infection (COVID-19) scheduled to be announced on the 29th, he requested, "Please make thorough preparations for execution so that payments can be made on-site from early to mid-January." He also asked for thorough pre-inspection and preparation to ensure that major policy tasks and budget execution for the 2021 economic policy direction, including employment measures, can start immediately with the beginning of next year.

Earlier, he recalled, "This year was a difficult year for all citizens due to the COVID-19 crisis, and everyone struggled hard," and praised the Ministry of Economy and Finance employees, saying, "All employees worked passionately for economic quarantine, and as a result, despite the severe quarantine and economic situation, we were able to achieve better outcomes compared to other countries." He encouraged them by stating that, as a reward, government awards and commendations, policy MVP awards, active administration awards, as well as letters of recognition and plaques for contributors were given as much as possible this year.

Hong Nam-ki emphasized, "The Ministry of Economy and Finance and its employees should always have a sense of mission and pride as the vanguard that protects, warms, and innovates our economy," and added, "During the special quarantine period at the end and beginning of the year, please lead by example in complying with quarantine guidelines and ensure that there is no negligence in finishing tasks and preparing for a new start at the beginning of the year until the very last moment."

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