Enter 2021.01.18 11:56 | Revision 2021.01.18 13:04
“It is too early to discuss the 4th subsidy now…selective support if we do”
“Profit sharing system, strong tax support when companies voluntarily participate”
President Moon Jae-in drew a line, saying, “Now is not the time to discuss,” regarding the 4th disaster support fund being discussed in the National Assembly with the ruling party at the center. This is the first time the President has mentioned the fourth supplementary administration.
This is because, in a situation where the new coronavirus infection (Corona 19) is re-proliferating, it is pointed out that a new alternative is needed rather than the formula of “increased distance → damage to the vulnerable → payment of disaster assistance”.
President Moon said at a New Year’s press conference held at the Cheongwadae Chunchugwan on the 18th, “In order to pay the fourth subsidy, we have to make an additional supplement and issue government bonds.” Is too early.” He added, “If the 3rd disaster subsidy is insufficient, then we will have to go and discuss the 4th subsidy.”
In addition, Gyeonggi Province Governor Lee Jae-myeong was scheduled to announce the second basic disaster income payment through a press conference that day, but canceled the press conference due to internal protests and the President’s New Year press conference.
The problem is that it requires at least 10 trillion won in financial resources to pay the national disaster support fund. The party government organized an additional budget of 14.300 trillion won when it paid the first disaster support fund of up to 1 million won per household last year. In addition, as the spread of the corona is prolonged, the formula of increasing distance → damage to the vulnerable → payment of disaster support is inevitably repeated, which is acting as a burden for the government as well.
Even if it selects and supports those vulnerable to Corona 19, such as small business owners, not all citizens, it is highly likely that an additional supplement will be organized. However, on the 10th, Deputy Prime Minister Hong Nam-ki and Minister of Strategy and Finance said, “The discussion on the 4th subsidy payment should be judged after comprehensively considering the quarantine situation, damage and economic situation.”
There is a temperature difference within the government’s ruling party as to the issue of the national disaster support payment. In a meeting with reporters on the 14th, Democratic Party CEO Nak-yeon Lee reaffirmed the existing position, saying, “Now focusing on quarantine, the discussion will allow us to respond quickly and flexibly while looking at the situation in the future.” did.
However, President Moon opened the possibility of universal payment, saying, “This is not a problem to draw the line between the 4th disaster subsidy selective or universal payment. It will depend on the quarantine situation at the time of payment.” .
President Moon said, “If the damage of small business owners and self-employed people continues, the 4th disaster subsidy will certainly be appropriate in the form of selective support,” he said. If you are paying to promote morale, you can think of a universal payment.”
Regarding the payment of disaster support from local governments, he said, “The government support alone is not enough, but I think it is possible to provide disaster support at the local level.”
Regarding the corona benefit-sharing system promoted by the Democratic Party, President Moon said, “It is very desirable that a movement occurs through voluntary participation of companies and the government provides strong incentives.”
“There are self-employed and underprivileged classes who are affected by the corona, while there are also winners,” he said, and “there are companies that make more money and make more money in the corona situation.” Based on this, President Moon participated in voluntary participation. He noted that the benefit-sharing system was desirable.
President Moon said, “When signing a Free Trade Agreement (FTA) in the past, the agricultural and livestock industry will suffer damage, but the manufacturing industry will benefit.” It has been operated,” he explained.