On the morning of January 13th, Deputy Prime Minister Hong Nam-ki and Minister of Strategy and Finance presided over the ’26th Emergency Economy Central Countermeasure Headquarters Meeting’ and the ‘9th Korean Version of New Deal Ministers’ Meeting’ at the Seoul Government Complex. (Photo = Ministry of Strategy and Finance)On the morning of January 13, Deputy Prime Minister Hong Nam-ki and Minister of Strategy and Finance presided over the ’26th Emergency Economy Central Countermeasure Headquarters Meeting’ and the ‘9th Korean New Deal Ministers’ Meeting’ at the Seoul Government Complex.
The meeting discussed ▲recent employment trends and job policy review and response, ▲technology-based venture/startup complex financing support plan, ▲Korea version of the New Deal Globalization Strategy ▲2021 presidential New Year’s address plan for follow-up in the economic field were discussed.
Deputy Prime Minister Hong began speaking with everyone asking for the last-minute quarantine efforts so that the corona 19 decline could lead to a definite calm. In the case of supporting funds for small business owners, it was reported that the payment was completed to 2.09 million people (76%) in two days on the 11th and 12th, while the damage support fund has been paid since the 11th.
Meanwhile, regarding the employment trend and job response in December 2020, the number of employed people decreased by 628,000 in the aftermath of the coronavirus, and 218,000 people decreased annually. The government anticipated that the difficult employment situation in terms of indicators would continue until January and February, and discussed appropriate measures.
First of all, in order to mitigate the employment shock in the short term, 80% of direct job programs (830,000 people) and 44% (28,000 people) of social service jobs planned this year are planned for the public sector to serve as a support in the first quarter of the largest employment shock. /Intensive hiring during the fourth quarter, public institutions also hire more than 45% of the number of employees this year, and the hiring process of 22,000 interns this year will begin quickly in January.
However, he pointed out that in order for the people to feel that’the job situation has improved’, good jobs in the private sector should be naturally created through start-up ventures, new industries, BIG3 industries, and regulatory reform.
In particular, venture companies have grown as a key axis of job creation by creating jobs at least five times that of the four major companies in terms of creating new jobs in 2019, and as they continue to increase in the midst of the corona crisis, we plan to accelerate the activation of venture startups. to be.
As one of the revitalization measures, to solve the difficulties of technology-based companies that do not have collateral other than intangible assets such as technology, we will expand and support KRW 3 trillion in complex financing linked to investment-financing-guarantees by 2022. Through this, the government expects that it will be able to intensively supply funds to about 3,000 ventures and start-ups and create about 20,000 jobs.
In the field of Green New Deal, we will do our best to expand overseas orders such as green energy from 15GW in 2019 to 30GW in 2025 (cumulative), supply 30 trillion won in export finance to the Green New Deal for 5 years, and establish export insurance customized for the Green New Deal project, and public preemption period for overseas projects. Support will be strengthened, such as shortening the program from 4 months to 2 months.
In the Digital New Deal, a global venture fund of 200 billion won this year and a dedicated fund for digital export companies of 30 billion won will be created so that the combined digital exports of the ICT manufacturing and service industries will increase from 180 billion dollars in 2019 to 250 billion dollars in 2025. The support base will be reinforced by expanding support for overseas expansion from 400 companies to 1000 companies.
The last agenda, the ‘2021 Presidential New Year’s Post-Economic Follow-up Plan’, revealed that the main contents will be detailed for each task and the action plan for each ministry will be reviewed and discussed.