A notice on precautions against the coronavirus is displayed at a subway station in Seoul.
“The unexpected resurgence of the coronavirus is delaying recovery momentum, and economic activities across domestic demand and consumption are sharply contracting,” Moon told the meeting. The fourth extra budget of this year comes on top of US$233.66 billion of stimulus pledged so far to prevent a deeper downturn in Asia’s fourth-largest economy.
The Korea Center for Disease Control and Prevention reported 155 new cases as of midnight Wednesday, which brought the total infections to 21,743, with 346 deaths.
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