[Exclusive] Ruling Party Demands Additional 700 Billion KRW Funding for Exhibition Industry and Rural Experience Villages...

The Democratic Party Demands Direct Support for Farmers Affected in Rural Experience Villages

Prime Minister Chung Sye-kyun is delivering opening remarks at the high-level party-government-civil society meeting held on the 19th at the National Assembly to discuss measures to eradicate real estate speculation. Photo by Yoon Dong-joo doso7@

[Asia Economy Reporter Jang Sehee] The Democratic Party of Korea, while reviewing the supplementary budget (추경) for the 4th round of disaster relief payments, has reportedly requested an increase of 700 billion KRW to cover blind spots. This amount represents at least half of the 3.3 trillion KRW net increase after additions and cuts made by the National Assembly standing committees.

According to the government and the National Assembly on the 19th, the Democratic Party has decided to expand support to occupations that have not sufficiently benefited from previous disaster relief payments. The additional increase includes about 20 projects such as ▲ support for the exhibition industry and cultural sectors ▲ mask support for special employment workers (특고) ▲ support for flower farmers ▲ direct aid to rural experience villages and affected farms ▲ allowances for COVID-19 medical workers ▲ electricity bill support for small business owners. These were selected as essential projects during the National Assembly standing committee review process. A government official stated, "The Democratic Party is currently requesting support for farmers, cultural sectors, and medical personnel."

The People Power Party has announced plans to completely cut the budget for short-term part-time job projects, but there is consensus between the ruling and opposition parties on support allowances for farmers, nurses, and other medical staff.

Meanwhile, Kim Tae-nyeon, Acting Leader of the Democratic Party, previously said, "There is one week left until the plenary session on the 24th, when the ruling and opposition parties agreed to pass the supplementary budget," adding, "Small business owners and self-employed people affected by COVID-19 are anxiously awaiting the 4th disaster relief payments." He emphasized, "This support is emergency survival funding. The supplementary budget must be reviewed quickly to ensure the disaster relief payments are distributed as soon as possible."

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