[Photo] Myeongdong Loses Its Vigor... Small Business Owners to Receive Compensation Starting Late This Month

The streets of Myeongdong, Seoul, appeared lifeless on the 6th due to the prolonged impact of COVID-19. Prime Minister Kim Boo-kyum stated at the Cabinet meeting that day regarding the compensation system for small business owners affected by COVID-19 restrictions, "We will ensure that small business owners can receive compensation by the end of this month at the latest." However, he added, "The compensation targets losses directly caused by quarantine measures such as gathering bans and business hour restrictions enacted after the law was promulgated on July 7. Unfortunately, losses incurred before that date and indirect losses are not covered, so the compensation may fall short of the expectations of small business owners." /Reporter Moon Ho-nam munonam@

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