Selective process for 2nd emergency COVID-19 handout more effective: Seoul's finance chief
- 4 years ago
홍남기 "2차 지원금 선별지원이 더 효율적…금주내 당정청 확정"
South Korea's Finance Minister says a second round of COVID-19 relief handouts would be more efficient if done on a selective basis,... rather than being given to every citizen.
Speaking to local news outlet KBS on Tuesday,... Hong Nam-ki said it would be more damaging financially as social distancing has been raised to the second highest level.
However, he added a second round of emergency handouts is inevitable.
He said customized support should be provided for small businesses,... the self-employed,.. and the recently unemployed or low-income families facing difficulties.
He says discussions will take place later this week.
South Korea's Finance Minister says a second round of COVID-19 relief handouts would be more efficient if done on a selective basis,... rather than being given to every citizen.
Speaking to local news outlet KBS on Tuesday,... Hong Nam-ki said it would be more damaging financially as social distancing has been raised to the second highest level.
However, he added a second round of emergency handouts is inevitable.
He said customized support should be provided for small businesses,... the self-employed,.. and the recently unemployed or low-income families facing difficulties.
He says discussions will take place later this week.