[Breaking] Party-Government-Cheong "Urgently Prepare 4th Disaster Relief Fund Supplementary Budget... Discussions to Start After Holiday"

[Asia Economy Reporter Lim Juhyung] The Democratic Party, the government, and the Blue House have agreed to expedite discussions on drafting a supplementary budget (추경) for the disbursement of the 4th disaster relief fund.

On the 9th, the party, government, and Blue House held a closed-door meeting attended by Hong Ikpyo, Chairman of the Democratic Party's Policy Committee, Kim Sangjo, Chief of the Blue House Policy Office, and Hong Namki, Deputy Prime Minister and Minister of Strategy and Finance, where this matter was discussed, Hong stated during an appearance on MBN TV.

Chairman Hong said, "The economic situation is severe, and the COVID-19 pandemic continues to be difficult to control," adding, "We agreed to urgently prepare the first supplementary budget of this year for the 4th disaster relief fund from a livelihood perspective."

He also said, "The party, government, and Blue House agreed to organize their respective positions and start discussions after the Lunar New Year holiday."

While the party, government, and Blue House reached a consensus on the necessity of providing the disaster relief fund, it is known that detailed negotiations on the scale of the supplementary budget have not yet been conducted.

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