“Concern about incompleteness and confusion in the 4th Disaster Subsidy Project” Extraordinary Report of the Preliminary Committee of the National Assembly

Input 2021.03.15 17:26 | Revision 2021.03.15 17:58

National Assembly Preliminary Committee Supplementary Bill Review Report
Small business owner support fund plus business
“There is no standard for business types in a business crisis, which may lead to confusion in the execution process.”
“The standard of sales below 1 billion won is also out of fairness”

On the 15th, the National Assembly Special Committee on Budget and Settlement appears to have submitted an additional budget (additional supplement) with the project plan incomplete with regard to the 4th disaster support project (small business owner support fund plus) promoted by the government on the 15th. “I said.



The government pays up to 5 million won in disaster support to 6.9 million people, including small businessmen who have been damaged by the novel coronavirus infection (Corona 19). / Yonhap News

A senior expert on the budget and settlement of the National Assembly recently submitted to the National Assembly Preliminary Committee for the 4th Disaster Subsidy related supplementary bill review report.

‘Small Business Owners’ Support Fund Plus’ is a project that provides a disaster support fund of up to 5 million won to small businessmen who have suffered damage due to the prohibition of gatherings due to the coronavirus quarantine and measures to restrict gatherings. Is the key. It is unusual for the ruling party to issue a report saying that it is’incomplete’ at the preliminary committee of the National Assembly.

The report questioned that the small and medium-sized venture business department, which is the department in charge of the project, designated 10’management crisis’ industries with an average sales decrease of more than 20% as a requirement for an additional support of 1 million won in disaster subsidies. An additional draft and a change in fund management plan were proposed to the National Assembly’s Ministry of Trade, Industry and Energy Small and Medium Venture Business Committee on the 8th, but the’management crisis’ industry was not specifically determined.

The report said, “The government does not specifically determine the business type of’management crisis’.” There is a fear of becoming,” he said.



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The report said, “It is difficult to see that it is desirable to submit a supplementary bill and receive a deliberation by the National Assembly without the specific details of the payment target and requirements being determined.” It is necessary to disclose the statistics of sales by industry in detail and to report detailed standards during the deliberation process of the National Assembly supplementary bill.”

The report found that the government’s uniform application of “sales of less than 1 billion won” regardless of business type to be paid for disaster support is contrary to equity. The report said, “In the grocery manufacturing industry, the sales limit recognized as small business owners is 12 billion won, while the information and communication industry has a sales limit of 5 billion won recognized as small business owners.” It seems that the business conditions for each industry are not sufficiently considered because the standards are being applied.”

Rep. Choo Gyeong-ho said, “In the situation where the business category at risk of management has not been determined, the budget was allocated from the beginning.
It’s the same as’I will unconditionally release the money first’.”

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