South Korea to submit extra budget plan shortly, prepare more measures to support labour market, firms

  • 📰 Reuters
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

South Korea's president said on Tuesday the government will submit its supplementary budget plan to parliament soon, while stressing the need to prepare more measures to support the labour market and companies being hit by the coronavirus outbreak.

FILE PHOTO: South Korea's President Moon Jae-in speaks during a ceremony marking the 101st anniversary of the March 1st Independence Movement Day in Seoul, South Korea, March 1, 2020. Kim Min-Hee/Pool via REUTERS/File Photo

SEOUL - South Korea’s president said on Tuesday the government will submit its supplementary budget plan to parliament soon, while stressing the need to prepare more measures to support the labour market and companies being hit by the coronavirus outbreak. “The government has decided to provide emergency cash payments for the first time in its constitutional history to give strength and consolation to the citizens who are going through the difficulties from COVID-19,” President Moon Jae-in said, adding it will submit the extra budget proposal to the parliament shortly after the April 15 general election.Reporting by Joori Roh; Editing by Kim Cohill

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Korea can buy Newfoundland and Labrador Seafood. Containers are loaded onto ships by crane.

South Korea has done well battling the CCP Virus! Praise!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines