Deputy Prime Minister Hong Nam-ki and Minister of Strategy and Finance presided over the ’27th Central Central Countermeasure Headquarters Meeting for Emergency Economy’ held at the Seoul Gwanghwamun Government Complex in Seoul on the 20th and are all speaking. [사진=기획재정부 제공]
The government will expand the benefits to users of traditional markets ahead of the national holiday. In addition, it will provide special financial support worth 92 trillion won for small businesses and SMEs.
On the 20th, the government announced the’Seoul People’s Livelihood Stabilization Measures’ at a meeting of the Central Central Countermeasure Headquarters for Emergency Economy held at the Seoul Government Complex, presided over by Hong Nam-ki, Deputy Prime Minister and Minister of Strategy and Finance.
Deputy Prime Minister Hong said, “It seems that the third corona spread is gradually calming down, but we are concerned that difficulties in local economy, employment, and inflation will increase due to avian influenza (AI) and a record cold wave.” “I will infuse the holiday warmth into the local economy.”
To this end, the government provides benefits for purchasing traditional markets. Online shopping platforms such as’Neighborhood Market Shopping’,’Come Out Market’, and’Coupang-itsu’ are provided with discounts and free delivery by purchasing sashimi products at over 100 traditional markets. Traditional market online shopping malls also sell regional specialties at a discount of up to 30% and hold prizes.
Onnuri gift certificate discount purchase limit is increased from 500,000 won per month to 1 million won next month, and the discount rate is also increased from 5% to 10%. The scale of issuance of local love gift certificates is expected to exceed 4.5 trillion won in the first quarter.
To stabilize prices, the government plans to supply 92,517 tons of supplies from the 28th to the 10th of next month by increasing the supply of 16 major products such as cabbages, radishes, and apples, which are in high demand for holidays, by 1.4 times compared to normal.
For eggs whose supply capacity has recently decreased due to highly pathogenic AI, etc., an emergency quota tariff will be applied temporarily in the first half of the year so that tariff-free imports of up to a total of 50,000 tons are possible. The allowable value of the gift from the Solicitation Prohibition Act for agricultural and marine products and processed agricultural and fishery products was increased from 100,000 won to 200,000 won. This is a measure to support income stability for farmers and fishermen.
[자료=기재부 제공]
In addition, to prevent temporary difficulties from leading to deterioration in business management, it will provide 3,840 trillion won worth of holiday fund loans to small businesses and small businesses. It will also promote loans and maturity extensions of about 54 trillion won.
In addition, the deadline for filing and payment of VAT will be extended for small businesses whose management difficulties have increased due to Corona 19, etc.
If a corporation having difficulty in management applies for a delay in tax payment, it is supported within the range of three months, and if small self-employed and small and medium-sized enterprises apply for an extension of the payment deadline, the tax guarantee is exempted up to 100 million won. Compulsory collection such as seizure of property of arrears is suspended for up to two years.
Work incentives for low-income working households and child support for children under the age of 18 for low-income households are planned to be given before the Lunar New Year holiday by pulling the amount paid from February to March.
In addition, the loan interest rate for business owners will be cut by 1 percentage point in January to February to prevent overdue wages, and the interest rate for living expenses for delinquent workers will be lowered by 0.5 percentage points to stabilize the lives of delinquent workers.
In addition, 700,000 direct jobs are hired from January to February to mitigate the employment shock caused by the spread of Corona 19. The number of public servants will be increased by 30,000, and the number of new recruits for public institutions will be increased to 26,000.
Vice Minister Kim Yong-beom said, “This New Year’s plan has comprehensively considered the quarantine situation and the conditions of shrinking people’s livelihoods.” Please cooperate with me.”