"Cooperation Requested for 'Mutual Growth and Domestic Demand Promotion'"

President Yoon Suk-yeol requested cooperation from large corporations to purchase Chuseok Onnuri gift certificates to stimulate domestic demand.


On the morning of the 29th, reporters are watching President Yoon Seok-yeol's "National Briefing" being broadcast live in the briefing room of the Presidential Office building in Yongsan, Seoul. [Image source=Yonhap News]

On the morning of the 29th, reporters are watching President Yoon Seok-yeol's "National Briefing" being broadcast live in the briefing room of the Presidential Office building in Yongsan, Seoul. [Image source=Yonhap News]

View original image

On the 29th, during the 'National Briefing and Press Conference' held at the Yongsan Presidential Office, President Yoon said, "Domestic consumption recovery is slower compared to exports," and added, "I ask our large corporations to actively cooperate by purchasing Onnuri gift certificates this Chuseok holiday to help promote mutual growth and stimulate domestic demand."


Furthermore, President Yoon stated, "We will revitalize the domestic economy to provide practical support to small business owners and self-employed individuals," and announced, "We will actively promote traditional market consumption stimulation, expansion of Onnuri gift certificate issuance, and discount events for the Donghaeng Festival, as announced in the Chuseok livelihood safety measures the day before."



He also promised support for small business owners and the self-employed. President Yoon said, "Since the COVID-19 pandemic, small business owners and self-employed individuals have continued to face difficulties due to high interest rates and sluggish domestic demand," and added, "We will smoothly implement measures to extend the repayment period for policy fund loans and convert high-interest loans above 7% to a lower interest rate of 4.5%."


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing