Order system improvement in the equipment department, etc.
Support scale up to tens of trillions per month
Astronomical amount national financial emergency
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Prime Minister Jeong Sye-gyun ordered the preparation of a system for self-employed businesses with limited business due to the prevention of novel coronavirus infection (Corona 19) on the 21st. On the 20th, while the Ministry of Strategy and Finance expressed difficulties in designing a system for compensation for the loss of self-employed businessmen by Prime Minister Chung on the 20th, Prime Minister Chung gave an order for legalization. However, there are criticisms that it is irresponsible as it foretold the enforcement of legislation without reviewing the tax source procurement in a situation where enormous fiscal input is expected.
At the Corona 19 Central Disaster and Safety Countermeasure Headquarters meeting held at the government office on the same day, Prime Minister Chung ordered, “Since the National Assembly has already proposed laws to compensate for business losses, regardless of the ruling and opposition parties, the relevant ministries, such as the Ministry of Equipment, should start improving the system.” Prime Minister Chung said on his Facebook page that day, “Even if Corona 19 is ended, there is no guarantee that a similar new infectious disease will not occur in the future.” He said, “People who have been restricted by property rights through this quarantine guidelines need just compensation according to the Constitution. That is my thoughts.”
Prime Minister Chung’s direct order to review the bill on this day is interpreted as a measure to preemptively cut off the backlash from the Ministry of Records against the loss compensation system for self-employed businesses. Prime Minister Chung suggested a goal for the first half of the previous day, saying on a radio broadcast on the system that “we also made a consensus with the President.” Immediately after this, Vice Minister Kim Yong-beom of the Ministry of the Interior expressed his opposition, saying, “It is difficult to find legalized overseas cases.” I was criticized. Before attending the National Economic Advisory Meeting held at the National Assembly on the 21st, Vice Minister Kim met with reporters and showed an attitude of stepping back, saying, “We must prepare faithfully to discuss in the National Assembly as directed by Prime Minister Chung.”
However, as the amount of support is astronomical even by the ruling party, it is expected that an emergency will occur in the national finances. In particular, the scale of support proposed by Democratic Party lawmaker Min Byeong-deok amounted to 24.700 trillion won per month. Even inside Democratic Party lawmaker Kang Hoon-sik, who offered the smallest amount, the government was found to have to pay 1.2 trillion won per month. / Reporter Yoon Kyung-hwan and Song Jong-ho [email protected]
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