Lee Nak-yeon, leader of the Democratic Party of Korea, is attending the Supreme Council meeting held at the National Assembly on the 8th and delivering an opening remark. Photo by Yoon Dong-joo doso7@

Lee Nak-yeon, leader of the Democratic Party of Korea, is attending the Supreme Council meeting held at the National Assembly on the 8th and delivering an opening remark. Photo by Yoon Dong-joo doso7@

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[Asia Economy Reporter Jeon Jinyoung] Lee Nak-yeon, leader of the Democratic Party of Korea, announced on the 8th that discussions on the 4th round of disaster relief funds will soon begin and that he plans to push forward with it.


At the Supreme Council meeting held at the National Assembly that morning, Lee said, "I sincerely offer my condolences to all vulnerable and affected groups suffering from COVID-19," and added, "We will promptly implement the measures that can be taken immediately."


He stated, "Conditional approval for treatments has been granted, and vaccinations may begin as early as next week, marking a new phase in the COVID-19 crisis," and emphasized, "I promised the public that we will prepare a sufficiently large supplementary budget without delay. We will expedite consultations between the party and the government." Previously, the Ministry of Economy and Finance and the Democratic Party had failed to narrow differences regarding the 4th disaster relief fund, but this statement is interpreted as Lee showing a strong will to proceed.



Additionally, Lee said, "Despite business restrictions and bans, we must alleviate the burden of various public charges imposed regardless." He added, "Measures such as deferrals of electricity, gas, and social insurance payments are being implemented, but additional support is necessary. I ask the Policy Committee to consult with relevant ministries and prepare further measures."


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

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