Government Prepares 3 Major Support Packages for Small Business Owners

Kim Yoon-sang, 2nd Vice Minister of Strategy and Finance.

Kim Yoon-sang, 2nd Vice Minister of Strategy and Finance.

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Kim Yunsang, Vice Minister of Strategy and Finance, visited the Daejeon Small Business Market Promotion Corporation on the 10th and announced that related policies would be swiftly implemented to reduce the financial burden on small business owners and self-employed individuals struggling with high interest rates and high inflation.


At the meeting, small business owners and self-employed participants highly praised the government's efforts to ease financial burdens and stabilize prices, but also expressed difficulties caused by high interest rates and inflation, urging the government for more attention and support.


Vice Minister Kim listened attentively to the voices from the field raised during the meeting. He introduced that the government is promoting various policies, including the Small Business Support 3-Pack, temporary increases in income deduction rates for revitalizing traditional markets, considering the difficulties faced by people in their daily lives.



He empathized with the challenges on the ground and emphasized that related agencies will join forces to implement the policies as quickly as possible so that the effects can be tangibly felt in the field.


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

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