South Korea, Budget

South Korea, Budget

S Korea parliament approves US$30 billion extra budget

S Korea parliament approves US$30 billion extra budget

24/7/2021 4:12:00 AM

S Korea parliament approves US$30 billion extra budget

SEOUL: South Korea 's parliament on Saturday (Jul 24) approved a 34.9 trillion won (US$30.31 billion) supplementary budget to offer pandemic relief ...

BookmarkSEOUL: South Korea's parliament on Saturday (Jul 24) approved a 34.9 trillion won (US$30.31 billion) supplementary budget to offer pandemic relief to households, aid small businesses and create jobs, the finance ministry said in a statement.

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The supplementary budget, which was slightly increased from the 33 trillion won previously expected, is South Korea's largest on record for extra spending outside its annual budget.AdvertisementAdvertisementIt is also the second supplementary budget this year after parliament had approved a 14.9 trillion won supplementary budget earlier in March.

More than 80 per cent of the population will be able to receive a 250,000 won cash handout, while small businesses will receive relief packages. Read more: CNA »

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S Korea parliament approves 34.9 trln won extra budget South Korea 's parliament on Saturday approved a 34.9 trillion won (US$30.31 billion) supplementary budget to offer pandemic relief to households, ...

S Korea parliament approves 34.9 trln won extra budget South Korea 's parliament on Saturday approved a 34.9 trillion won (US$30.31 billion) supplementary budget to offer pandemic relief to households, ...

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Additional S$30 million in support for taxi, private-hire drivers: LTASINGAPORE: Taxi and private-hire car drivers will receive an additional S$30 million in support from the Government amid an expected decline in ...

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