Lee Jae-myung "Disaster Relief Fund, My Claim Is Right but I Concede... Support Must Be Provided Quickly"

"Tax and Financial Systems Needed to Control Real Estate Issues"

[Image source=Yonhap News]

[Asia Economy Reporter Lim Chun-han] Lee Jae-myung, the presidential candidate of the Democratic Party of Korea, stated on the 19th regarding the de facto withdrawal of the nationwide disaster relief fund policy, "My claim is correct, but I have conceded," and added, "I hope support is provided swiftly and boldly on the ground."

On the same day, Lee said on TJB Daejeon Broadcasting in the afternoon, "If I become an obstacle to massively supporting small business owners to recover the economy and to support the affected groups as much as possible, I will withdraw my claim."

Lee claimed, "Last year's first disaster relief fund was in the form of consumption coupons, which small business owners were very satisfied with. However, even though about 40 trillion won, three times the scale, was selectively supported in cash afterward, the effect was almost none."

Lee explained, "I wanted to directly compensate for losses and support sales for small business owners, but the government also showed reluctance toward the nationwide disaster relief fund, and there were accounting procedure issues, so it was not easy to enforce my claim." He continued, "It is not right for the support itself to be delayed in order to discuss what kind of support to provide."

Regarding the real estate issue, Lee said, "The problem is excessive demand," and added, "Many demands are not for using houses as residences but for speculation to make money. Control through tax and financial systems is necessary." He also said, "We need to increase supply," and added, "The Sejong area has many development sites nearby, so I think increasing supply would be good."

On the issue of relocating the National Assembly and the presidential office to Sejong, Lee said, "If the opportunity arises, I want to hold the presidential inauguration ceremony at the Sejong Assembly site," and added, "I promise this as a son-in-law of Chungcheong."

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