South Korea Economy, Covid-19, Covid-19 İn South Korea, South Korea Budget

South Korea Economy, Covid-19

S.Korea to draw up second extra budget, give cash payments to many families as virus relief | Malay Mail

S.Korea to draw up second extra budget, give cash payments to many families as virus relief | Malay Mail

30/3/2020 7:01:00 AM

S.Korea to draw up second extra budget, give cash payments to many families as virus relief | Malay Mail

SEOUL, March 30 — South Korea’s President Moon Jae-in said today that the government will provide emergency cash payments to many families and draw up a second supplementary budget soon to ease the economic impact of the coronavirus outbreak. The cash payments will be made to all households...

Monday, 30 Mar 2020 11:28 AM MYTSouth Korea's President Moon Jae-in said the extra budget should receive parliamentary approval in April. — Wang Zhao/Pool pic via ReutersSEOUL, March 30 — South Korea’s President Moon Jae-in said today that the government will provide emergency cash payments to many families and draw up a second supplementary budget soon to ease the economic impact of the coronavirus outbreak.

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The cash payments will be made to all households except the top 30 per cent by income.The president said the extra budget should receive parliamentary approval in April. — Reuters

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