Additional Support for Small Business Owners Possible... President Moon to Chair Livelihood Economy Ministers' Meeting Tomorrow

Attendance by Ministry of Economy and Finance, Ministry of SMEs and Startups, Ministry of Health and Welfare, Ministry of the Interior and Safety, Ministry of Employment and Labor, Financial Services Commission, etc.

[Image source=Yonhap News]

[Asia Economy Reporter Jang Sehee] President Moon Jae-in will preside over the Ministerial Meeting on the People’s Economy to Overcome the Economic Impact of COVID-19 at the Cheong Wa Dae Yeomin-gwan on the afternoon of the 29th, the Blue House announced on the 28th.

This is the first time a meeting has been held under the name of the Ministerial Meeting on the People’s Economy. Attention is focused on whether additional support measures for small business owners will be announced amid the full-scale fourth wave of COVID-19 resurgence. A government official stated, "I understand that tomorrow’s meeting will include a report on the current support measures for small business owners."

At the meeting, Minister Kwon Chil-seung of the Ministry of SMEs and Startups is expected to report on support measures for small business owners and self-employed individuals who have been severely affected by the COVID-19 crisis.

Meanwhile, Deputy Prime Minister and Minister of Economy and Finance Hong Nam-ki, Minister of Employment and Labor Ahn Kyung-duk, Minister of Health and Welfare Kwon Deok-cheol, Minister of the Interior and Safety Jeon Hae-cheol, and Chairman of the Financial Services Commission Eun Sung-soo will attend.

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