Emergency aid
![Interest rates are shown at a savings bank in Seoul on Monday. The government will provide emergency financial aid to the financially vulnerable next month, including discounts in principal and interest. The Financial Services Commisison announced on Monday that it will offer the ″rapid debt adjustment program″ that lowered agreed interests by some 50 percent for those under the age of 34 to all age groups from March. [YONHAP]](https://koreajoongangdaily.joins.com/data/photo/2023/02/20/42deee4f-c9da-4ea9-945e-35765824b8d4.jpg)
Interest rates are shown at a savings bank in Seoul on Monday. The government will provide emergency financial aid to the financially vulnerable next month, including discounts in principal and interest. The Financial Services Commisison announced on Monday that it will offer the ″rapid debt adjustment program″ that lowered agreed interests by some 50 percent for those under the age of 34 to all age groups from March. [YONHAP]
BY SOHN DONG-JOO [sohn.dongjoo@joongang.co.kr]
with the Korea JoongAng Daily
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