[ANALYSIS] Talk of another round of disaster relief payouts sparks concerns
Posted : 2021-06-03 15:39
Updated : 2021-06-03 18:50
Finance Minister Hong Nam-ki speaks after the National Assembly passes a supplementary budget bill for a coronavirus relief fund in Seoul, March 25. Yonhap p
By Lee Min-hyung
A debate is heating up among politicians on whether to provide another round of disaster relief payouts to all households in the country, amid lingering concerns that the move will end up worsening the soaring national debt burden.
The government and the ruling party have brought up the idea of offering a fifth round of COVID-19 relief payouts, citing the need to revitalize the sagging real economy.
Moon administration needs to focus on deregulation, economy,
May 07, 2021, 08:01 am
The ruling Democratic Party’s floor leader Yun Ho-jung delivers a congratulatory speech at the conference entitled, “The Moon Jae-in administration’s vision and achievement for the 4th anniversary” held at the Baekbeom KimGu Memorial Hall in Seoul on May 6, 2021./ Source: National Assembly Photojournalists
AsiaToday reporter Chun Hyun-bin & intern reporter Park Joon-oh
The Moon Jae-in administration marks the fourth anniversary of its inauguration on Sunday. Looking back on its achievements, the administration said, “The Moon Jae-in administration showed remarkable response for three major crises – the North Korean nuclear crisis, the Korean-Japan trade crisis, and the COVID-19 pandemic crisis.”
Moon administration needs to focus on deregulation, economy,
May 07, 2021, 08:01 am
The ruling Democratic Party’s floor leader Yun Ho-jung delivers a congratulatory speech at the conference entitled, “The Moon Jae-in administration’s vision and achievement for the 4th anniversary” held at the Baekbeom KimGu Memorial Hall in Seoul on May 6, 2021./ Source: National Assembly Photojournalists
AsiaToday reporter Chun Hyun-bin & intern reporter Park Joon-oh
The Moon Jae-in administration marks the fourth anniversary of its inauguration on Sunday. Looking back on its achievements, the administration said, “The Moon Jae-in administration showed remarkable response for three major crises – the North Korean nuclear crisis, the Korean-Japan trade crisis, and the COVID-19 pandemic crisis.”