Jeong Cheong-rae, member of the Democratic Party of Korea. [Image source=Yonhap News]

Jeong Cheong-rae, member of the Democratic Party of Korea. [Image source=Yonhap News]

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[Asia Economy Reporter Park Hyun-joo] Jeong Cheong-rae, a member of the Democratic Party of Korea, urged Hong Nam-ki, Deputy Prime Minister and Minister of Economy and Finance, to "provide disaster relief funds to all citizens."


On the 23rd, Jeong posted on his Facebook, saying, "So far, the simplest, most well-received, and effective disaster relief fund was the first round of nationwide disaster relief payments," and added, "Back then, there were debates about 70% and so on. Instead of the selective method, which is difficult to classify and causes many complaints, it is right to provide universal payments directly to all citizens."


He continued, "There is no need to support indirectly and complicatedly through credit card companies. It is best to just deposit directly into the bank accounts of all citizens. If payments are made by region and timing as in the first round, it will stimulate consumption and improve morale."


Photo by Jeong Cheong-rae, captured from the Facebook page of the Democratic Party of Korea lawmaker

Photo by Jeong Cheong-rae, captured from the Facebook page of the Democratic Party of Korea lawmaker

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Addressing Deputy Prime Minister Hong, he said, "Deputy Prime Minister Hong, why make things so complicated? Isn't there already a system that quickly paid all citizens?" He raised his voice, saying, "Don't speak evasively and indirectly; pay all citizens directly into their bank accounts! Simply."



Earlier, Deputy Prime Minister Hong appeared at the National Assembly's Strategy and Finance Committee plenary session and responded to a related question from Chu Kyung-ho of the People Power Party, saying, "The government is not considering (nationwide disaster relief payments)."


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

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