33-trillion-won extra budget agreed upon

Home > Business > Economy

print dictionary print

33-trillion-won extra budget agreed upon

 
Government and the ruling Democratic Party holds a meeting to discuss on the latest supplementary budget on Tuesday at the National Assembly in Seoul. [YONHAP]

Government and the ruling Democratic Party holds a meeting to discuss on the latest supplementary budget on Tuesday at the National Assembly in Seoul. [YONHAP]

 
A 33-trillion-won supplementary budget has been agreed upon by the government and Democratic Party, an amount in line with expectations.
 
It will be the second supplementary budget this year and the sixth since the Covid-19 outbreak started.
 
The supplementary budget will be focused on providing support to all households except the 20 percent with the highest incomes and to businesses that have been most affected by social distancing rules in place for the pandemic.
 
Details will be announced after a cabinet meeting later this week.
 
 

BY LEE HO-JEONG [lee.hojeong@joongang.co.kr]
Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
s
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)

What’s Popular Now