"I will propose lowering the interest rate to the 10% range"

The People Power Party's Livelihood Special Committee 'Minsaeng119' has decided to raise the small living expense loan limit from the current 1 million won to 2 million won while lowering the interest rate to the 10% range.


On the 24th, after the 2nd plenary meeting at the National Assembly, Jo Su-jin, chairperson of Minsaeng119, told reporters, "To protect financially vulnerable groups suffering from economic hardship from illegal private loans, we will propose to the party to raise the current small living expense loan limit from 1 million won to 2 million won and reduce the interest rate to the 10% range."


Additionally, as an energy support measure in response to the electricity and gas rate hikes in the second quarter, they plan to propose the issuance of energy vouchers. Chairperson Jo said, "Due to the inevitable increase in electricity and gas rates, the energy cost burden on small business owners and micro-entrepreneurs has increased, so we will suggest the issuance of energy vouchers."

[Image source=Yonhap News]

[Image source=Yonhap News]

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Minsaeng119 also plans to push for making the health checkup certificate issuance fee completely free. Currently, issuing a health checkup certificate costs 3,000 won. To work in the food and restaurant industry, one must obtain and submit a health checkup certificate from a public health center, and they intend to eliminate this fee and shorten the issuance period.


They will also resume electronic storage of health checkup certificates. By storing the health checkup certificate as an electronic document on the Government24 application (app), documents can be verified through mobile apps like KakaoTalk or Naver.


Minsaeng119 stated that the matters discussed on this day will be promoted after party-government discussions. Chairperson Jo said, "As I am a Supreme Council member, I will report this at the Supreme Council meeting tomorrow (the 25th)," adding, "Afterward, the party and government will review it, and I will inform you if there is any progress."



Meanwhile, next month, Minsaeng119 plans to visit the delivery industry site through a 'live field dispatch' and review specific measures to address youth drug issues, including the establishment of a dedicated drug unit.


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

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